• Open

    Analysis-U.S. growth, a puzzle to policymakers, could pose global risks
    U.S. economic growth, still racing at a potentially inflationary pace as other key parts of the world slow, could pose global risks if it forces Federal Reserve officials to raise interest rates higher than currently expected. The Fed's aggressive rate increases last year had the potential to stress the global financial system as the U.S. dollar soared, but the impact was muted by largely synchronized central bank rate hikes and other actions taken by monetary authorities to prevent widespread dollar funding problems for companies and offset the impact of weakening currencies. Now Brazil, Chile and China have begun cutting interest rates, with others expected to follow, actions that international officials and central bankers at last week's Jackson Hole conference said are largely tuned to an expectation the Fed won't raise its rate more than an additional quarter percentage point.  ( 33 min )
    China's industrial profits extend slump into seventh month
    BEIJING (Reuters) -Profits at China's industrial firms fell 6.7% in July from a year earlier, extending this year's slump to a seventh month with weak demand squeezing companies as a post-pandemic recovery faltered in the world's second-biggest economy. Earnings shrank 15.5% year-on-year for the first seven months, following a 16.8% decline in the first half of the year, data from the National Bureau of Statistics showed on Sunday. Big Chinese manufacturers posted losses for the first half, with engineering firm China Aluminum International reporting a net loss of 830.6 million yuan ($114.2 million), compared with a year-earlier net profit of 123.6 million yuan.  ( 31 min )
  • Open

    Major Players in the 2008 Financial Crisis: Where Are They Now?
    The impact of the 2008 financial crisis was felt around the world. Here is a look at how some of the primary players fared in the years after the failure.  ( 27 min )
    What Are the Pros and Cons of Raising the Minimum Wage?
    With the debate on wages continuing in Congress and in the public arena, here are some of the major pros and cons of raising the minimum wage.  ( 24 min )
    Is the TLT ETF a Good Bet for the Long Run?
    Your money is safe in the iShares 20 Plus Year Treasury Bond ETF (TLT), but its performance gets better or worse with the overall direction of interest rates.  ( 20 min )
    Real GDP vs. Nominal GDP: Which Is a Better Indicator?
    Real gross domestic product (GDP) gives a clearer picture of economic output than nominal GDP as it adjusts the numbers for inflation or deflation.  ( 28 min )
    Three of the Biggest Land Deals in History
    Three of the largest real estate deals in recorded history are the Alaskan Purchase, the Louisiana Purchase, and the Treaty of Tordesillas. Learn more about these land deals.  ( 22 min )
    Nominal vs. Real Interest Rate: What's the Difference?
    A nominal interest rate is the real interest rate plus a projected rate of inflation. A real interest rate is what a lender or investor receives.  ( 27 min )
    Nationally Recognized Statistical Ratings Organization (NRSRO) Definition
    A nationally recognized statistical ratings organization (NRSRO) is a federally recognized organization that provides an assessment of creditworthiness.  ( 21 min )
  • Open

    NU+ | Uit nood in een dure bezemkast? Dit kun je doen aan hoge kamerhuur
    Aan het begin van het studiejaar wordt weer duidelijk dat ook de woningmarkt voor studenten krap is. Dat zorgt ervoor dat verhuurders soms hoge bedragen vragen voor een bescheiden kamer in een studentenstad. Maar dat hoef je niet zomaar te pikken.  ( 4 min )

  • Open

    What Are the Components of Shareholders' Equity?
    Shareholders' equity is a crucial number used to assess a company's real value. Here are its components.  ( 21 min )
    Open Cover: Meaning, Overview, Requirements
    Open cover is a type of marine insurance policy in which the insurer agrees to provide coverage for all cargo shipped during the policy period.  ( 19 min )
    The Main Competitors of Chipotle
    Chipotle Mexican Grill faces five main rivals. Read on to find out about more places like Chipotle.  ( 21 min )
    A Fundamental Analysis of Amazon and eBay
    An investing comparison of e-commerce marketplaces Amazon and eBay using revenue, profitability, valuation metrics, and active user base.  ( 22 min )
    Bornhuetter-Ferguson Technique: Overview, Calculations
    The Bornhuetter-Ferguson technique is a method for calculating an estimate of an insurance company’s losses.  ( 19 min )
    AI Revolution Likely Won't Take Jobs but Could Keep Interest Rates High
    A report from Wells Fargo details how spending on AI could boost productivity, economic growth and interest rates, while concerns over job losses could be overstated.  ( 18 min )
    Pay-Per-Mile Car Insurance Defined
    Pay-per-mile car insurance sets premiums based on how much you drive each month. It can be an economical alternative for certain kinds of drivers.  ( 18 min )
    Bond Ratings AA+ vs. Aa1: What's the Difference?
    AA+ is the second-highest bond rating assigned by rating agency S&P while Aa1 is the equivalent from Moody's. Both signify a low-risk investment.  ( 24 min )
    Act of God Bond
    An act of God bond is an insurance-linked bond that establishes a reserve to pay claims for unforeseen catastrophes.  ( 19 min )
    How Much Does Health Insurance Cost?
    Health insurance premiums vary wildly across the U.S. according to where you live and work, how old you are, your income, and more.  ( 28 min )
    Rating: Definition in Finance, How It Works, Types, Agencies
    A rating is an assessment tool assigned by an analyst or rating agency to a stock or bond indicating its potential for opportunity or safety.  ( 22 min )
    Wage Gaps by Race
    Though countless companies claim to be championing equal opportunities within the workforce, many have yet to see this reflected in their paychecks.  ( 26 min )
    Top 6 Oil-Producing States
    Though over half of 50 states produce at least some crude oil, there are six in particular that are responsible for the bulk of U.S. production.  ( 27 min )
    Sovereign Credit Rating: Definition, How They Work, and Agencies
    A sovereign credit rating is an independent assessment of the creditworthiness of a country or sovereign entity and how risky investing in it might be.  ( 21 min )
    How to Open an Online Brokerage Account
    Opening a brokerage account can be a confusing experience. Follow these steps to easily get through the process.  ( 26 min )
    Are Monopolies Always Bad?
    Governments sanction some monopolies, such as monopolies over public utilities, and these monopolies are good for the public interest.  ( 21 min )
    Single-Family Zoning
    Single-family zoning, which restricts the kind of residential housing that can be built on a property, has been central to cementing segregation in many American cities.  ( 26 min )
    Minimum-Interest Rules: Definition, How It Works, and Example
    When two parties engage in a loan transaction, minimum-interest rules can mandate that an interest rate that's not too low be charged, even in family deals.  ( 22 min )
    Earnings Beat of the Week: Abercrombie & Fitch Shares Soar as EPS Tops Forecasts
    Fashion retailer Abercrombie & Fitch posted second-quarter earnings on Wednesday that blew past analysts' expectations, sending shares soaring more than 20%.  ( 18 min )
    Struggling 10-Year U.S. Treasury Note Flirts With Troubling Milestone
    The struggling 10-year U.S. Treasury Note, the world's benchmark bond, has never declined in value for three straight years—but it could this year.  ( 19 min )
  • Open

    Consumers aren't even close to being tapped out. Here's why, and what that means for the stock market.
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    These Are The 5 Best China Stocks To Buy And Watch Now
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    Powell Has Bond Traders Right Where He Wants Them: Full of Doubt
    (Bloomberg) -- Jerome Powell has the bond market exactly where he wants it: lacking conviction as to the Federal Reserve’s next steps.Most Read from BloombergSpaceX Blast Left Officials in Disbelief Over Environmental DamagePowell Has Bond Traders Right Where He Wants Them: Full of DoubtTesla Investors to Get $12,000 Each From Musk’s SEC DealFIFA Suspends Spanish Football Chief Over World Cup KissAfter 15 Years, a New Private Jet Is America’s Most PopularIt’s a scenario — evident in part through  ( 33 min )
    Slower US Job Growth to Support Fed Patience
    (Bloomberg) -- Employment growth in the world’s largest economy probably cooled and wage increases moderated in August, suggesting a further tempering of inflation risks that reduces the urgency for another Federal Reserve interest-rate hike.Most Read from BloombergSpaceX Blast Left Officials in Disbelief Over Environmental DamageTesla Investors to Get $12,000 Each From Musk’s SEC DealPowell Signals Fed Will Raise Rates If Needed, Keep Them HighFIFA Suspends Spanish Football Chief Over World Cup  ( 34 min )
    Apple, Microsoft, Tesla, and Meta see a combined $625 billion wipeout in market value amid August's stock slump
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    Nvidia Plans to Buy Back Billions in Stock. Other Companies Could Join in Soon.
    Buybacks can often be a key ingredient to stock market returns for investors.  ( 26 min )
    The Stock Market Has Bounced, But Small-Caps Are Lagging. What That Means.
    Not everyone is getting in on the rally.  ( 26 min )
    Fed Latest: Bloated Government Indebtedness Seen as Here to Stay
    (Bloomberg) -- China remains embedded in US supply chains even as American firms have taken steps to reduce direct imports from the Asian country, according to a paper presented at the Federal Reserve’s conference in Jackson Hole, Wyoming.Most Read from BloombergSpaceX Blast Left Officials in Disbelief Over Environmental DamageTesla Investors to Get $12,000 Each From Musk’s SEC DealPowell Signals Fed Will Raise Rates If Needed, Keep Them HighAfter 15 Years, a New Private Jet Is America’s Most Po  ( 42 min )
    FTC Pauses Challenge to Amgen’s $27.8 Billion Deal for Horizon Therapeutics
    The move gives the agency time to weigh a settlement that would allow the deal to close with conditions.  ( 25 min )
    No real fix to the sharp rise in public debt loads, economists say
    The steep jump in public debt loads over the past decade and a half, as governments borrowed large amounts of money to battle the Global Financial Crisis and the fallout from the COVID-19 pandemic, is probably irreversible. That's the unhappy conclusion of a research paper being presented on Saturday to some of the world's most influential economic policymakers at the Kansas City Federal Reserve's annual central banking symposium in Jackson Hole, Wyoming. Since 2007, worldwide public debt has ballooned from 40% to 60% of GDP, on average, with debt-to-GDP ratios even higher in the advanced countries.  ( 31 min )
    Elon Musk's Tesla Cybertruck: 5 fast facts
    Tesla CEO Elon Musk took his Cybertruck production candidate for a spin at the company's gigafactory in Texas this week as the automaker gets ready to take on rivals GM and Ford.  ( 34 min )
    A 'valuation reset' hits the IPO market as Better stock crashes 90% after debut
    Better.com stock got hammered this week in its Nasdaq debut. Though its one-day drop was sharp, it is far from the only company to be judged so harshly by the market.  ( 34 min )
    China Remains Embedded in US Supply Chains: Jackson Hole Paper
    (Bloomberg) -- China remains embedded in US supply chains even as American firms have taken steps to reduce direct imports from the Asian country, according to a paper presented at the Federal Reserve Bank of Kansas City’s annual Jackson Hole conference Saturday.Most Read from BloombergSpaceX Blast Left Officials in Disbelief Over Environmental DamagePowell Has Bond Traders Right Where He Wants Them: Full of DoubtFIFA Suspends Spanish Football Chief Over World Cup KissTesla Investors to Get $12,  ( 30 min )
    How Much Money Will a $2 Million Annuity Get Me?
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    Dow Jones Futures: Rally Attempt Still Fighting, What To Do Now; Tesla, Nvidia Lead Stocks To Watch
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    If You Have This Much Money, You Don't Need an Annuity
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    Most Americans don't understand this key metric when planning for retirement
    Just over a third (35%) of Americans knew the average lifespan of retirees, according to a recent report.  ( 34 min )
    Looking For Winners As Market Pulls Back? Google Stock Leads 5 Near Buy Points.
    No content preview
    Struggling 10-Year U.S. Treasury Note Flirts With Troubling Milestone
    The struggling 10-year U.S. Treasury Note, the world's benchmark bond, has never declined in value for three straight years—but it could this year.  ( 20 min )
    Nvidia Supply Concerns Ease, but Long-Term Challenges Remain
    Questions persist regarding artificial-intelligence demand and geopolitics.  ( 27 min )
    China’s Economy Is Worse Now Than in the 1970s, This Analyst Says
    Charlene Chu, senior analyst at Autonomous Research, talks to Barron's about China’s ailing economy, high debt, troubled real-estate market, and opaque banking system.  ( 26 min )
    10 Key Lessons About Life and Money That I Learned the Hard Way
    Personal finance author Jonathan Clements says the best way to buy happiness is to sit on a pile of savings and enjoy the resulting peace of mind.  ( 27 min )
    US stocks close higher as traders brush off Powell's warnings of more potential rate hikes
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    Are We Ready for a $100 Billion Catastrophe? How About $200 Billion?
    Insurance companies are struggling to keep up with economic growth, population shifts, inflation trends and the most unpredictable variable of all: the rising prevelance of natural disasters—big and small.  ( 27 min )
    Wall Street's top strategists say this year's stock market rally is probably over
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    The stock market will continue higher until these 2 things happen, Bank of America says
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    Fears of a stock market crash among investors are the highest since the start of the pandemic, Yale gauge shows
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    Top economist Steve Hanke says stocks look expensive – and a recession is 'right around the corner'
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    China’s Market Rescue Is Failing as Xi Holds Back on Stimulus
    (Bloomberg) -- China’s regulators face a losing battle convincing global funds to invest in the nation’s stocks unless market boosting efforts are accompanied by stronger stimulus to support growth.Most Read from BloombergSpaceX Blast Left Officials in Disbelief Over Environmental DamagePowell Signals Fed Will Raise Rates If Needed, Keep Them HighTesla Investors to Get $12,000 Each From Musk’s SEC DealNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationAfter 15 Years, a New Priv  ( 32 min )
    Nvidia Beats Big, and Powell Doesn’t Rock the Boat. Why That’s Ominous for Stocks.
    Investors wanted Nvidia to keep AI mania going and the Fed to stick to the script. But all that wasn’t enough to drive correction fears away.  ( 27 min )
  • Open

    NU+ | Wat gaan wij merken van de Europese wet voor grote techbedrijven?
    Apple, Google, Facebook moederbedrijf Meta, X (voorheen Twitter) en andere grote techbedrijven vallen vanaf nu onder een nieuwe Europese wet. Deze zogenoemde Digital Services Act (DSA) moet ervoor zorgen dat inwoners van de EU online beter zijn beschermd.  ( 4 min )
    NU+ | Europese techwet is deze week ingegaan, dit moet je weten
    Apple, Google, Facebook moederbedrijf Meta, X (voorheen Twitter) en andere grote techbedrijven vallen vanaf nu onder een nieuwe Europese wet. Deze zogenoemde Digital Services Act (DSA) moet ervoor zorgen dat inwoners van de EU online beter zijn beschermd.  ( 4 min )
    India legt extra exportbeperkingen op om rijst in eigen land te houden
    De Indiase regering heeft extra beperkingen op de export van rijst opgelegd om de voedselzekerheid in eigen land te garanderen. Zo wordt per direct een exportbelasting op voorgekookte rijst van 20 procent geheven, maakte het ministerie van Financiën bekend.  ( 3 min )
    NU+ | België 'dwingt' banken rente te verhogen: waarom doet Nederland dat niet?
    De Belgische staat geeft een zogeheten staatsbon uit met een hoog rendement. Iedereen kan zo'n bon kopen, waardoor de Belgische banken onder druk staan om hun spaarrentes te verhogen. En het werkt. Toch wil Nederland er niet aan.  ( 4 min )
    Dure benzine 'rampzalig' voor pomphouder en winkelier in de grensstreek
    Als het demissionaire kabinet de brandstofprijzen voor auto's in januari opnieuw laat stijgen zou dat voor zowel Nederlandse pomphouders in de grensstreek, als ook voor winkeliers en supermarkten "rampzalig" zijn. Daarvoor waarschuwt Ewout Klok, voorzitter van Belangenvereniging Tankstations (BETA).  ( 4 min )
    BP-topman: 'Vraag naar olie en gas houdt nog tientallen jaren aan'
    De wereldwijde vraag naar olie en gas houdt nog vele decennia aan, voorziet Bernard Looney, topman van het Britse energieconcern BP. Daarom moet er volgens hem blijvend worden geïnvesteerd in zowel de huidige energiesystemen als de energietransitie.  ( 3 min )
    Fransen vernietigen voor tientallen miljoenen aan wijn: smaak is veranderd
    Frankrijk zit met overtollige wijn in de maag. Het overschot is het afgelopen jaar flink gegroeid, waardoor meer wijn moet worden vernietigd. Het Franse ministerie van Landbouw maakt daarom tientallen miljoenen meer vrij voor de vernietiging hiervan.  ( 3 min )
    NU+ | Onze steden worden warmer, maar meer groen kan verkoeling brengen
    Door klimaatverandering wordt hitte in steden en dorpen een steeds groter probleem. Is daar wat aan te doen? Jazeker: tegels eruit, groen erin. Maar het zijn vooral hoge bomen die verschil maken - en die groeien niet in een dag.  ( 5 min )
    Ruim 120.000 ouders vragen in eerste jaar betaald ouderschapsverlof aan
    Zo'n 124.000 ouders hebben in het eerste jaar gebruikgemaakt van de nieuwe ouderschapsverlofregeling, meldt Het Parool op basis van UWV-cijfers. Het betaald ouderschapsverlof werd onder meer ingesteld om de gelijkheid tussen man en vrouw te bevorderen.  ( 3 min )
  • Open

    Earnings Beat of the Week: Abercrombie & Fitch Shares Soar as EPS Tops Forecasts
    Fashion retailer Abercrombie & Fitch posted second-quarter earnings on Wednesday that blew past analysts' expectations, sending shares soaring more than 20%.  ( 1 min )

  • Open

    US debt explosion may force the Fed to halt a key tightening campaign so the financial system doesn't become unstable
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    The housing market will be stuck in a rut for a long time even if the US avoids a recession, Fannie Mae says
    The rate on the 30-year fixed mortgage rose to 7.48% in the last week, deepening affordability issues faced by prospective home buyers.  ( 33 min )
    The housing market has gotten so unaffordable that Zillow is now offering prospective homebuyers a 1% down payment option
    The average 30-year fixed mortgage rate is now above 7%, which has tacked on an extra $1,000 in monthly mortgage payments for the median US home.  ( 32 min )
    Cathie Wood Snaps Up Shares Of Zoom Video Communications Inc., Others
    In a show of confidence for video-conferencing giant Zoom Video Communications Inc., prominent investor Cathie Wood expanded her stake in the company. The move came as a response to Zoom’s stock decline following the release of its latest earnings. Don’t Miss: Online brokerages make ungodly amounts by selling your data. What trading platform doesn't sell your data to market makers? This one. Discover Johnny Depp's hidden talent that earned him $3.6 million in just a few hours and learn how you c  ( 32 min )
    Historically stormy month of September may test US stock rally
    U.S. stock investors are bracing for a potentially volatile September as the market faces key economic data reports, a Federal Reserve meeting and worries over a possible government shutdown during a month of historically muted equity performance. In Septembers since 1945, the S&P 500 has declined an average of 0.7%, the worst performance of any month, according to CFRA. The S&P 500, which is up nearly 15% this year, has retreated more than 4% from its July 31 high as investors reacted to weakness in China's economy and a surge in Treasury yields that threatens to make equities less attractive.  ( 32 min )
    SpaceX lawsuit could be key test of US policy on bias against refugees
    A new lawsuit accusing SpaceX of illegally refusing to hire asylum recipients and refugees could be an important test of the U.S. government's stance that national security concerns do not allow companies to discriminate against non-citizens. Elon Musk, CEO of the rocket and satellite company, said in response to the U.S. Department of Justice (DOJ) lawsuit filed on Thursday that hiring anyone besides U.S. citizens and green card holders would violate weapons trafficking laws. His post on the messaging platform X, formerly known as Twitter, appears to conflict with specific guidance issued by the DOJ in April, which warned employers that invoking efforts to comply with export control laws would not excuse them from a law banning discrimination based on citizenship status.  ( 31 min )
    Top CD Rates Today: Seven CDs Join The 5.50% Club, Including a New 5.75% Option
    Today's best CD rates are 5.85% on a jumbo from One America Bank, and 5.75% for smaller deposits from Abound Credit Union, MapleMark Bank, and BluPeak Credit Union.  ( 21 min )
    Rite Aid prepares bankruptcy filing, store closures amid opioid lawsuits
    Rite Aid is reportedly preparing to file for bankruptcy as opioid litigation hangs over the pharmacy chain.  ( 32 min )
    Cryptocurrency Prices And News: Treasury Department Proposes New Crypto Tax Rules
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    Dow Jones Rallies After Digesting Powell's Remarks; Tesla Rises On Multibillion Dollar Potential: Analyst Views
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    Stock Rally Has a Ways to Go Before Americans Feel Rich Again
    (Bloomberg) -- Stocks weathered the Jackson Hole confab to rebound this week. But for bulls looking to be made whole after last year’s shellacking, the road back is longer than they realize.Most Read from BloombergPowell Signals Fed Will Raise Rates If Needed, Keep Them HighNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationSpaceX Blast Left Officials in Disbelief Over Environmental DamageTesla Investors to Get $12,000 Each From Musk’s SEC DealTrump Returns to Musk’s X With Pos  ( 33 min )
    'Big Short' Investor Michael Burry Bets $1.6 Billion On A Market Crash — Here Are 3 Investment Opportunities If You Want To Stay Away From Stocks
    Michael Burry has always been one to challenge mainstream thinking. The renowned hedge fund manager successfully wagered against the U.S. housing bubble in 2008, a gutsy call that became the focal point of the film “The Big Short.” Now, he’s betting against the U.S. stock market. In its latest 13F filing with the Securities and Exchange Commission, Burry’s firm Scion Asset Management disclosed a substantial amount of put options against exchange-traded funds (ETFs) that track major U.S. stock ma  ( 33 min )
    High Earners 50 and Up Get Two-Year Reprieve From IRS on 401(k) Rule
    Roth-style catch-up contributions now won’t be mandated until 2026, not 2024.  ( 26 min )
    Blackstone Sells 22% Stake in Bellagio to Realty Income
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    How Novo Nordisk, A Top 1% Stock, Just Hit Another Bull's-eye In Obesity Treatment
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    Stocks gain after Powell delivers cautious message: Stock market news today
    Stocks reversed lower Friday morning after Fed Chair Jerome Powell said the central bank is "prepared to raise rates further."  ( 32 min )
    Cleveland-Cliffs Closes In on U.S. Steel
    United States Steel now has one apparent bidder, and Cleveland-Cliffs is backed by the workers’ union.  ( 26 min )
    Two economists from different camps see peril in Fed Chair Jerome Powell’s comments on inflation and interest rates from Jackson Hole
    The Fed chair’s “long way to go” concept is wrongheaded, because at the current clip, inflation is already running near the Fed’s target, say two top economists.  ( 33 min )
    Boeing supplier starts St. Louis layoffs, but union leader doubts facility will close next year
    A supplier on Friday laid off at least 35 employees who make fighter jet parts for The Boeing Co.  ( 12 min )
    Blood In The Streets? 3 REITs With 8% to 10% Dividend Yields
    Baron Rothschild, an 18th-century English nobleman, has been credited with the famous saying, “The time to buy is when there’s blood in the streets.” Rothschild used that idea to build his fortune, and many other famous investors have done the same over the last three centuries. But it’s never easy to follow Rothschild’s advice. Most investors become fearful when stocks experience major declines, as the common psychological tendency is to believe that the future will be a continuation of the rec  ( 35 min )
    Snowflake Brakes Its Pattern Of Outlook Cuts With The Power Of AI
    On Wednesday, Snowflake Inc (NYSE: SNOW) topped analysts' expectations with its latest quarterly revenue and earnings. The cloud data analytics company saw its shares rise 3% upon the report whose results boosted by rising data management and storage needs of businesses amid the generative AI hype. During the reported quarter, Snowlake revealed it has partnered with Nvidia (NASDAQ: NVDA) who smashed estimates with its monster quarter this week. Together, they will be empowering enterprises to bu  ( 32 min )
    Exclusive-Twinkies maker Hostess Brands explores sale amid takeover interest -sources
    Hostess Brands Inc, the maker of Twinkies snack cakes, is exploring a sale after fielding takeover interest from major snack food makers, people familiar with the matter said on Friday. Prior to the news of the company exploring a sale, its shares were down 1% year-to-date, versus a 29% rise in the Nasdaq Composite Index. General Mills Inc, Mondelez International Inc, PepsiCo Inc and Hershey Co are among the companies that have shown an interest in acquiring Hostess, the sources said.  ( 31 min )
    Nvidia's Earnings Didn't Trigger the Stock-Market Fireworks Many Expected
    Well, that wasn't as exciting as some had hoped. Options traders were betting on a move of around 11% following the company's earnings (after the release, through Friday). Nvidia shares barely budged yesterday and  ( 22 min )
    'Mind-blowing' US debt binge amid high interest rates is threatening financial stability, Larry McDonald says
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    Rite Aid Stock Plummets After Bankruptcy Report
    Shares of Rite Aid plunged by about 50% after The Wall Street Journal reported the drugstore chain is preparing to file for chapter 11 bankruptcy in the coming weeks. The bankruptcy is to address the federal and state lawsuits the drugstore chain is facing over its alleged role in the sale of opioi  ( 22 min )
    New Albany Co. reveals more details about proposed Intel gateway project in Johnstown
    The district, proposed by the New Albany Co., would be broken into five subareas containing a variety of different uses the developer believes will generate substantial economic benefits for Johnstown and the broader region.  ( 12 min )
    AMC’s Stock Conversion Is Over But Strategists Predict More Dilution
    (Bloomberg) -- AMC Entertainment Holdings Inc. extended its week-long selloff after the movie theater operator converted a raft of preferred shares into common stock, and strategists say the company will likely sell more shares to pay down debt.Most Read from BloombergSpaceX Blast Left Officials in Disbelief Over Environmental DamagePowell Signals Fed Will Raise Rates If Needed, Keep Them HighTesla Investors to Get $12,000 Each From Musk’s SEC DealNYC’s Most Exciting New Fine Dining Restaurant I  ( 32 min )
    Analyst Report: GE HealthCare Technologies Inc
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    Analyst Report: Generac Holdings Inc
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    Market Update: WSM, AZN, GNRC, GEHC
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    Analyst Report: Williams-Sonoma, Inc.
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    Shares of Better.com — whose CEO fired 900 workers on a Zoom call — slumped 95% on their first day of trade
    Better.com shares plunged at the opening bell and fell so quickly that trading was halted four times in its first 30 minutes of trade.  ( 31 min )
    JEPI: Using 10% Dividend Yield to Pay Off Your Mortgage
    For many Americans, paying the mortgage bill is by far the largest expense they deal with each month. While home prices and other factors (like property taxes) vary widely from state to state, the National Association of Realtors reports that the average monthly mortgage payment for a 30-year fixed mortgage in the United States is now a hefty $2,317. However, what if you could pay for this large, recurring monthly expense with passive, recurring monthly income from your investment portfolio? One  ( 34 min )
    Rite Aid Prepares Bankruptcy That Would Halt Opioid Lawsuits
    Rite Aid is preparing to file for bankruptcy in coming weeks to address mass lawsuits over the drugstore chain’s alleged role in the sale of opioids, according to people familiar with the company’s plans.  ( 29 min )
    3M Has Legal Problems. A Small One Just Got Resolved.
    The Securities and Exchange Commission announced it charged 3M with violations of the Foreign Corrupt Practices Act relating to the company's China subsidiary.  ( 27 min )
    Stocks find positive footing after Powell delivers cautious message: Stock market news today
    Stocks reversed lower Friday morning after Fed Chair Jerome Powell said the central bank is "prepared to raise rates further."  ( 32 min )
    BofA sees "trouble" ahead for tech stocks despite big inflows
    Strategists at BofA Global Research see second-half "trouble" for technology stocks even as the sector took in its largest inflow in 10 weeks, the firm said in a note on Friday. The tech-heavy Nasdaq Composite has gained 28% this year, fueled by megacap stocks and excitement over the business potential of artificial intelligence. BofA pointed to the correlation between a surge in central bank liquidity and the Nasdaq over the past 15 years.  ( 31 min )
    Private equity firm Veritas makes a takeover offer for BlackBerry - source
    Private equity firm Veritas Capital is considering a takeover offer for Canadian software company BlackBerry, according to a person familiar with the matter. U.S-listed shares of BlackBerry rose about 17%. Details of the offer could not be learned.  ( 31 min )
    Bezos-Backed Company Surpasses $100M In Single-Family Home Acquisitions While U.S. Housing Shortage Worsens
    Countless news headlines have been calling for a housing crash for the better part of a year, yet prices are still climbing in many parts of the U.S. According to data from Redfin, the median sale price has increased by over 9.38% since January and has fallen only 3.4% from the peak in May 2022. Despite rising mortgage rates, buyers are finding little relief in home prices because of the massive shortage of supply. According to an analysis from Realtor.com, the gap between single-family home con  ( 31 min )
    Cheap Stocks To Buy: Should You Watch These 5 Growth Stocks?
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    Are ‘Locusts and Boils’ Next for Boeing? Buy the Stock Anyway.
    Seaport analyst Richard Safran made the biblical reference in a Friday research report following news of another problem with the 737.  ( 26 min )
    Large US homebuilders raise prices as existing home supply remains tight
    Publicly listed U.S. homebuilders are raising prices on new construction, taking advantage of an acute shortage of previously owned homes in the market as owners defer upgrading due to high mortgage rates. Homebuilders are enjoying this turn of events after a gnarly second-half last year, when fears of rising interest rates slowing demand had forced them to cut prices and offer incentives to boost sales. The shortages have powered homebuilders' earnings, sending their stocks soaring, with the S&P Composite 1500 Homebuilding Sub Index up 41.90% so far this year.  ( 31 min )
    Blackstone’s Bellagio Deal Values Luxury Hotel at $5 Billion
    (Bloomberg) -- Blackstone Inc. is selling a piece of the Las Vegas hotel Bellagio, a move that will generate cash for investors in a $67 billion property fund for wealthy individuals.Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationTrump Returns to Musk’s X With Post of Georgia Mug ShotTesla Investors to Get $12,000 Each From Musk’s SEC DealMore People Call in Sick on August 24 Than Any Other DayTrump Surrenders in Georgia on 2020 Election Probe Charge  ( 32 min )
    J&J’s Kenvue Exchange Offer Was a Big Win for the Little Guy
    Small investors earned a nice payday of more than $1,000 if they tendered 99 shares of stock in the swap, which expired last week.  ( 26 min )
    Heineken sells its entire Russia business for less than the price of a single beer
    It’s a $324 million loss for the company.  ( 32 min )
    UAW votes overwhelmingly to authorize strike at Detroit Three automakers
    General Motors, Ford Motor and Stellantis - made little progress in their talks for a new labor deal. Fain, who presides over the union that represents about 150,000 workers at the automakers, said 97% of voting members approved the strike authorization, which is seen as a leverage to enhance pay talks.  ( 31 min )
    VinFast Soars, Making It Second-Most Valuable Auto Stock. It Should Do This.
    All the statistics about the electric-vehicle maker and trading in the stock are amazing. Tesla is the only car company with a higher market capitalization.  ( 27 min )
    Nordstrom Shares Tumble After Reporting Sales Drop and Record Theft
    Nordstrom shares fell after the retailer reported a drop in sales amid a slowdown in discretionary spending, and said losses from theft reached a record high.  ( 18 min )
    Stocks retreat after Powell delivers cautious message: Stock market news today
    Stocks reversed lower Friday morning after Fed Chair Jerome Powell said the central bank is "prepared to raise rates further."  ( 32 min )
    Dow Jones Reverses Lower As Powell Warns Of Higher Rates; Trump Returns To Twitter
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    GE Shakes Up Management Ahead of Renewable Energy Spinoff
    Ken Parks becomes CFO at GE Vernova, the company's power-generation business. Vic Abate will lead its wind arm.  ( 27 min )
    Tesla Is More Than Just a Car Company, for This Bullish Analyst.
    Tesla isn't breaking apart, but things are happening which investors need to consider to avoid missing out on a valuation trend.  ( 27 min )
    Affirm Stock Soars After Shrugging Off Consumer Fears. Why Analysts Are Split.
    Affirm stock was rising on Friday as shareholders welcomed its revenue growth. Analysts are split on how it can deal with economic headwinds.  ( 27 min )
    AUD/USD Weekly Forecast – Australian Dollar Continues to Test Support
    The Aussie dollar initially tried to rally during the trading week, but at this point in time it looks like we are struggling.  ( 32 min )
    Key Takeaways From Fed Chair Jerome Powell’s Jackson Hole Speech
    (Bloomberg) -- Here are key takeaways from Federal Reserve Chair Jerome Powell’s remarks prepared for the Kansas City Fed’s economic symposium on Friday:Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationTrump Returns to Musk’s X With Post of Georgia Mug ShotTesla Investors to Get $12,000 Each From Musk’s SEC DealMore People Call in Sick on August 24 Than Any Other DayTrump Surrenders in Georgia on 2020 Election Probe ChargesPowell acknowledged the econo  ( 31 min )
    2 ‘Strong Buy’ Dividend Stocks With at Least 8% Dividend Yield
    While the summer months are proving to be less lucrative for stock market participants, the overall trend this year has been upward. However, JPMorgan’s global strategist, Dubravko Lakos, has recently sounded the alarm, pointing out several headwinds that are piling up, which he sees as placing a solid cap on market gains. First, Lakos points out that stock prices are high relative to earnings. Second, he adds that sentiment is too bullish, having reversed too sharply from last year’s bearish mo  ( 35 min )
    Hawaiian Electric Stock Tumbles After Lawsuit, Ratings Downgrade
    The pressure keeps building on Hawaiian Electric Industries (HE). The utility’s stock tumbled nearly 18% in early trading Friday, as investors contended with a barrage of new developments late Thursday: Maui County [sued the firm](https://www.wsj.com/  ( 23 min )
    A $200,000 Annuity Can Score You This Much Cash
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    Hawaiian Electric Plunges on Dividend Halt, Credit Drawdown
    (Bloomberg) -- Hawaiian Electric Industries Inc. slumped to the lowest since 1984 after the company said it will draw down on credit lines and suspend its dividend to preserve cash in the wake of deadly wildfires on Maui. Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationTrump Returns to Musk’s X With Post of Georgia Mug ShotMore People Call in Sick on August 24 Than Any Other DayTrump Surrenders in Georgia on 2020 Election Probe ChargesNasdaq 100 Drops  ( 31 min )
    Do I Have to Pay Taxes on a Trust Inheritance?
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    Domo Plummets 39% as Cloud Company Slashes Guidance and Stock Is Downgraded
    Analysts at TD Cowen cut their recommendation on the stock to Market Perform from Outperform.  ( 26 min )
    Stocks drift higher ahead of Powell speech: Stock market news today
    Stock opened higher Friday as investors were marking time ahead of Jay Powell's key policy speech on Friday morning.  ( 31 min )
    Nvidia Market Reaction Shows US Rally Is Over, Morgan Stanley’s Wilson Says
    (Bloomberg) -- The drop in US stocks on Thursday despite a bumper report from Nvidia Corp. shows the rally this year is “exhausted” and portends more declines to come, according to Morgan Stanley’s Michael Wilson.Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationMore People Call in Sick on August 24 Than Any Other DayTrump Returns to Musk’s X With Post of Georgia Mug ShotTrump Surrenders in Georgia on 2020 Election Probe ChargesNasdaq 100 Drops 2% as Yi  ( 31 min )
    Rate hike odds build as Fed's Powell gets set to speak
    Interest rate futures tied to the Fed policy rate have shifted notably over the last few weeks, the CME Group's FedWatch tool shows, and now reflect about 50/50 odds of a quarter-percentage point increase to a range of 5.50% to 5.75% at either the Oct. 31-Nov. 1 meeting or the final meeting of the year on Dec. 12-13. Powell is set to deliver the keynote speech on Friday morning at the annual economic symposium hosted by the Federal Reserve Bank of Kansas City held in Jackson Hole, Wyoming. Powell has often come to Jackson Hole with a mission, but with markets now generally aligned with the Fed's outlook for an extended period of tight credit to bring inflation to heel, he may opt for a message that looks to avoid trouble.  ( 30 min )
    Every State That Doesn't Tax Retirement Income
    States vary widely in the way they tax retirement income so location is an important consideration in financially planning for retirement. Some states don't levy income states on any sort of retirement income, while others tax IRA and 401(k) distributions, … Continue reading → The post 11 States That Do Not Tax Retirement Income appeared first on SmartAsset Blog.  ( 32 min )
    Schwab: Is Now the Right Time to Get an Annuity?
    If you're looking for ways to generate more retirement income, now may be the perfect time to consider an annuity. Payout rates for guaranteed lifetime annuities are currently at their highest levels in over a decade, according to Schwab. While … Continue reading → The post Why Schwab Says Now Is the Right Time to Consider an Annuity appeared first on SmartAsset Blog.  ( 32 min )
    Donald Trump Booked, Returns To X With Mug Shot, Sinks DWAC Stock
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    Realty Income to invest about $950 million in Bellagio Las Vegas
    Realty Income, which owns more than 13,000 properties in the U.S. and Europe, is paying $300 million for the 22% stake in the casino and resort, the report said. Realty Income is also investing in a $650 million preferred equity stake in the property, according to the WSJ report. A spokesperson for BREIT, Blackstone's real estate investing arm, and MGM did not immediately respond to a Reuters request for comment.  ( 31 min )
    Vishal Garg, the CEO who mass-sacked employees over Zoom, suffers epic SPAC disaster as Better.com shares nose-dive over 90%
    “We’re building long-term value for shareholders,” finance chief Kevin Ryan said after Thursday's bloodbath. “This is just the beginning.”  ( 32 min )
    JetBlue Plans to Hike Spirit Fares by up to 40%, Court Error Reveals. It’s a Blow to the Merger’s Chances.
    The merger between the airlines is being contested by the Justice Department, which is suing to block the $3.8 billion deal.  ( 27 min )
    Stock futures drift higher ahead of Powell speech: Stock market news today
    Stock futures were little-changed early Friday as investors were marking time ahead of Jay Powell's key policy speech on Friday morning.  ( 31 min )
    What's an Actually Realistic Retirement Rate of Return?
    Everyone loves seeing growth in their portfolio. However, a good year of investing doesn't necessarily indicate a sound long-term investment strategy. Generating sufficient retirement income means planning ahead of time but being able to adapt to evolving circumstances. As a … Continue reading → The post What Is a Realistic Rate of Return for Retirement? appeared first on SmartAsset Blog.  ( 36 min )
    Is Nvidia The 'New Tesla?' How High The Stock Can Go: Analysts
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    Hawaiian Electric Suspends Dividend. Stock Drops on Legal, Cash Flow Troubles.
    The embattled utility provider ensnared in the fallout of the Maui wildfire tragedy has cut its dividend as it faces a major new lawsuit.  ( 27 min )
    Daily – Vickers Top Buyers & Sellers for 08/25/2023
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    Daily – Vickers Top Insider Picks for 08/25/2023
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    AstraZeneca sues US over Medicare drug price negotiation plans
    British drugmaker AstraZeneca said on Friday it has filed a legal challenge to critical aspects of a program that gives the Medicare health insurance plan the power to negotiate lower drug prices. The drug price negotiation program is part of President Joe Biden's signature Inflation Reduction Act (IRA). The program faces several other court challenges, including from leading industry groups and other drug companies.  ( 31 min )
    Daily Spotlight: Volatility Index Trending Higher
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    Technical Assessment: Neutral in the Intermediate-Term
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    Market Digest: BSX, PARA, ROK, MDLZ
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    Analyst Report: Mondelez International Inc.
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    Bond Market Losses Are Finally Over, Unless Yields Blow Past 6%
    (Bloomberg) -- As brutal as it’s been for US bond investors, the math is finally turning in their favor. Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationTrump Returns to Musk’s X With Post of Georgia Mug ShotMore People Call in Sick on August 24 Than Any Other DayTrump Surrenders in Georgia on 2020 Election Probe ChargesNasdaq 100 Drops 2% as Yields Rise Before Powell: Markets WrapThe recent round of selling has left the Bloomberg USAgg Index’s yield-  ( 31 min )
    Nvidia hype is fueling fresh FOMO: Morning Brief
    Investors continue to warm up to the market despite a host of macroeconomic concerns.  ( 32 min )
    Rolex Seller Sheds $600 Million as Watchmaker Buys Retailer
    (Bloomberg) -- The UK’s biggest seller of Rolex watches lost nearly a third of its value on Friday after the Swiss brand bought Bucherer AG, taking its first major step into retailing.Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationMore People Call in Sick on August 24 Than Any Other DayTrump Surrenders in Georgia on 2020 Election Probe ChargesNasdaq 100 Drops 2% as Yields Rise Before Powell: Markets WrapModi and Xi Speak at BRICS Summit, Ask Official  ( 32 min )
    Paying Extra for Medicare? See If You’re Due a Refund
    The Medicare surcharge known as Irmaa can be a tough pill to swallow. But here’s a little-known workaround: Older Americans who have been hit by the added cost have a chance to appeal.  ( 25 min )
    These Stocks Are Moving the Most Today: Affirm, Marvell, Hawaiian Electric, AMC, Intuit, and More
    Affirm's fiscal fourth-quarter revenue of $446 million beats analysts' estimates, Marvell Technology falls after the chip maker issues an in-line outlook for the third quarter, and Hawaiian Electric tumbles after suspending its dividend.  ( 27 min )
    Nvidia Earnings Were a Big Deal. Just Not for the Reason Everyone Thinks.
    There is little precedent for a chip maker as large as Nvidia to double its revenue—to $13.5 billion—in one year.  ( 27 min )
    China Eases Home Purchase Rules in New Push to Boost Economy
    (Bloomberg) -- China unveiled further mortgage easing policies to bolster its residential property market in an attempt to support economic growth.Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationMore People Call in Sick on August 24 Than Any Other DayNasdaq 100 Drops 2% as Yields Rise Before Powell: Markets WrapTrump Surrenders in Georgia on 2020 Election Probe ChargesModi and Xi Speak at BRICS Summit, Ask Officials to Resolve Border Dispute QuicklyTh  ( 30 min )
    China Regulator to Meet Global Investors to Shore Up Market
    (Bloomberg) -- China’s securities regulator plans to convene a meeting with some of the world’s biggest asset managers, its latest attempt to shore up confidence after a record stretch of outflows by foreign funds.Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationMore People Call in Sick on August 24 Than Any Other DayNasdaq 100 Drops 2% as Yields Rise Before Powell: Markets WrapTrump Surrenders in Georgia on 2020 Election Probe ChargesModi and Xi Speak  ( 31 min )
    Stocks Struggle in Cautious Trading Before Powell: Markets Wrap
    (Bloomberg) -- European stocks and US futures struggled for direction as a cautious tone dominated markets before a speech from Federal Reserve Chairman Jerome Powell that will be studied for clues on the interest-rate outlook.Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationMore People Call in Sick on August 24 Than Any Other DayNasdaq 100 Drops 2% as Yields Rise Before Powell: Markets WrapTrump Surrenders in Georgia on 2020 Election Probe ChargesModi  ( 34 min )
    Dollar Has Potential to Firm Against Euro in 3Q
    The dollar has scope to strengthen against the euro in the current quarter, driven by growth divergence between the U.S. and the eurozone economies, SEB said.  ( 24 min )
    Fund Cuts Stake in EV Player, Doubles Down on 3 More
    Calstrs, the second-largest U.S. pension, bought Rivian, Nikola, and Lucid Group shares, and sold Workhorse stock in the second quarter.  ( 26 min )
    Stocks swoon, dollar firms as Powell speech looms
    Asian stocks sold off and the dollar scaled an 11-week peak against major peers on Friday as investors braced for the risk of a hawkish tilt from Federal Reserve Chair Jerome Powell at Jackson Hole. The tech-centric Nasdaq slumped 1.87% on Thursday to lead losses of more than 1% across Wall Street's three major indexes, and futures indicated some further weakness at the reopen.  ( 33 min )
    As Fed registers gains, Powell may take a lay low approach
    The unemployment rate is a low 3.5%. The U.S. economy has avoided a threatened banking crisis and financial markets have not only aligned with the Federal Reserve's tight-credit policies but of late even helped the process by bidding up market interest rates. When Federal Reserve Chair Jerome Powell delivers a keynote speech at a central bank research symposium hosted by the Kansas City Fed here on Friday, that copacetic backdrop may inspire a message shaped mostly to avoid trouble.  ( 32 min )
    Analysis-Nvidia's $25 billion buyback 'a head-scratcher' for some shareholders
    Nvidia's move to buy back $25 billion of its shares after its stock has more than tripled this year caught some investors off-guard, even as they cheered a stellar second-quarter report. Shares of Nvidia touched a record high on Thursday, a day after the company blew past expectations with its quarterly revenue forecast as an artificial-intelligence boom fueled demand for its chips. Nvidia shares, which had run up in the days leading up to its report, climbed more than 6% on Thursday but pared gains to end the day little changed.  ( 33 min )
    AMC Stock Conversion to Happen Today. What to Expect.
    Every one APE unit a trader has will convert to 1/10 of one share of AMC on Friday.  ( 26 min )
    The 2023 stock market rally is over as the Fed isn't easing anytime soon and a hard landing of the economy is inevitable, JPMorgan's chief stock strategist says
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    VinFast, Arm and Other Index Orphans Miss Out on Billions From Passive Investors
    VinFast, the Vietnamese electric-vehicle maker, and Arm, a British chip designer, are caught in a weird limbo thanks to their decisions on where to list their shares.  ( 26 min )
    Bitcoin back down to US$26,000 as investors await US Fed chair speech
    Bitcoin dropped to around the US$26,000 level Friday morning in Asia, giving up much of the previous day’s gains. Ether also moved lower.  ( 32 min )
    Tech Breakthrough Makes $2.5 Trillion Hydrogen Boom Possible
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    Fed’s Jackson Hole Conference Is Underway: Here’s What to Expect
    (Bloomberg) -- The Federal Reserve Bank of Kansas City’s annual gathering in Jackson Hole, Wyoming gets underway with a dinner on Thursday evening. Here’s what to expect from the two-day conference featuring central bankers from around the world:Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationNasdaq 100 Drops 2% as Yields Rise Before Powell: Markets WrapMore People Call in Sick on August 24 Than Any Other DayWagner Chief Prigozhin Listed Aboard Crashe  ( 31 min )
  • Open

    Industry Group Definition, List, Differences With a Market Sector
    An industry group is a classification method for companies based on common lines of business.  ( 19 min )
    10 Important Cryptocurrencies Other Than Bitcoin
    Altcoins can present themselves as modified or improved versions of Bitcoin. Given Bitcoin's volatility, you may want to watch these 10 alternatives.  ( 30 min )
    Top CD Rates Today: Seven CDs Join The 5.50% Club, Including a New 5.75% Option
    Today's best CD rates are 5.85% on a jumbo from One America Bank, and 5.75% for smaller deposits from Abound Credit Union, MapleMark Bank, and BluPeak Credit Union.  ( 19 min )
    Basecoin: What it is, Concerns, Regulation
    Basecoin, also known as Basis, was a cryptocurrency whose protocol was designed to keep its price stable.  ( 20 min )
    S&P 500 Gains and Losses Today: Index Advances, Shaking Off Rate Hike Concerns
    The S&P 500 closed 0.7% higher on Friday, Aug. 25, 2023, as stocks rebounded after comments from Fed Chair Powell that left the door open for more interest rate hikes.  ( 16 min )
    G5 Emerging Nations: History and Members
    The Group of Five (G5) historically referred to a group of emerging economies that includes Brazil, China, India, Mexico, and South Africa.  ( 21 min )
    What Is an International Fund?
    An international fund is a fund that can invest in companies located anywhere outside of its investors' country of residence.  ( 20 min )
    Who Is Christine Lagarde? What Is Her Role at the European Central Bank?
    Christine Lagarde is a French lawyer and the president of the European Central Bank.  ( 23 min )
    Are You as Frugal as Warren Buffett?
    Warren Buffett’s house in Omaha is an example of the billionaire’s famous frugality. Discover the secrets that helped the Oracle of Omaha amass wealth.  ( 28 min )
    Mercedes-Benz Group AG: Sales and Suppliers
    German based Mercedes-Benz Group AG is a luxury vehicle company with global production and sales facilities worldwide.  ( 20 min )
    US Companies Do Greenhouse Gas Damage Equal To 18.5% Of Profits, Study Shows
    For every dollar that U.S. companies make in profits, greenhouse gas emissions cause 18.5 cents worth of damage, according to an analysis.  ( 18 min )
    How does a high discount rate affect the economy?
    A high discount rate causes loans to be more expensive and encourages people to save more money. This could be considered contractionary monetary policy.  ( 17 min )
    Affirm Shares Soar on Higher-Than-Expected Forecast as Delinquencies Decline
    Shares of buy now, pay later provider Affirm surged after it gave a higher-than-expected forecast as revenue rose and delinquencies declined.  ( 17 min )
    150,000 Workers Vote to Authorize Strikes at Stellantis, GM, and Ford
    Workers at the automotive Big Three have voted to authorize a strike when contracts expire on Sept. 14, bringing the nation one step closer to a major labor stoppage costing billions as workers fight for increased pay, retirement pensions, and better benefits.  ( 17 min )
    Index of Economic Freedom: What It Is and How It's Used
    An index of economic freedom ranks jurisdictions based on the degree of economic freedom their residents enjoy.  ( 22 min )
    What Is a Credit Facility, and How Does It Work?
    A credit facility is a type of loan made in a business or corporate finance context, such as revolving credit, term loans, and committed facilities.  ( 28 min )
    Pending Home Sales Stabilize But Still Hover Near Pandemic Low
    Year-over-year pending sales dropping 15.7%, the smallest annual decline since last summer  ( 18 min )
    Payment Protection Plans: How They Work, and Are They Worth It?
    Credit card issuers and other lenders often offer these plans to pay your bill if you lost your job, become disabled, or die. Here is how they work—and some alternatives.  ( 22 min )
    Wells Fargo Agrees to Pay $35M to SEC Over Excessive Customer Charges
    U.S. bank Wells Fargo has agreed to pay $35 million to the SEC to settle a long-running allegation of overcharging advisory fees.  ( 17 min )
    Business Guarantee: What It Means & How It Works for Credit Cards
    A business guarantee is a credit card agreement making any charges the sole responsibility of the business rather than individual business owners or employees.  ( 23 min )
    Floor Limit on Credit Cards: Definition, How it Works, Examples
    A floor limit—also known as a "credit floor"—is the maximum charge that a person can make on a credit card without the merchant obtaining authorization from the card issuer.  ( 23 min )
    Corporate Credit Card: Definition, How It Works, Types & Benefits
    Corporate credit cards are credit cards issued to employees of established companies for use in charging authorized business expenses.  ( 23 min )
    Jackson Hole Economic Symposium: What Will The Fed Say?
    The Jackson Hole Economic Symposium, sponsored annually by the Federal Reserve Bank of Kansas City, has been held in Jackson Hole, Wyo., since 1981.  ( 21 min )
    Markets Waver After Fed Chair Powell Suggests the Fed Could Raise Rates Further
    U.S. equity markets wavered between gains and losses midday on Friday, Aug. 25, 2023, after Fed Chair Jerome Powell signaled that inflation remains too high and that the Fed could raise interest rates further to slow price growth.  ( 17 min )
    GM Battery Plant Offers EV Workers Higher Wages After Solvent Leak
    Thursday's proposed deal comes just one day after a chemical solvent leak at Lordstown, Ohio-based Ultium Cells. If ratified by the UAW, the deal would raise wages an average of 25%, though not to the same level as UAW workers who assemble engines and cars.  ( 17 min )
    Popular Mutual Funds in the Auto Industry
    Discover some of the mutual funds investors use to profit from gains in the automotive industry portion of the transportation sector.  ( 20 min )
    7 Alternatives to a Personal Loan
    Personal loans can provide access to funds you might need. However, not everyone can qualify for personal loans. Here some alternatives to a personal loan that might help you access the money you need for emergencies or other purposes.  ( 25 min )
    Signature Loan: Meaning, Overview, Examples
    A signature loan is a personal loan offered by banks and other finance companies that relies only on the borrower’s signature and promise to pay as collateral.  ( 22 min )
    The Fed is Keeping Its Options Open For More Rate Hikes, Powell Says
    If you were looking to Federal Reserve Chair Jerome Powell for clues about whether the Fed will raise rates again at future meetings, his most recent speech probably left you in the dark.  ( 18 min )
    Cash Advance: Definition, Types, and Impact on Credit Score
    A cash advance is a service provided by credit card issuers that allows cardholders to immediately withdraw a sum of cash, often at a high interest rate.  ( 26 min )
    How To Close a CD
    You can close a certificate of deposit (CD) when it reaches maturity. If you need to close a CD before maturity, you will likely face an early withdrawal penalty.  ( 23 min )
    Mortgage Rates Holding at Lower Level
    A day after falling from record heights reached earlier in the week, mortgage rates have mostly marched in place. Only one average showed notable movement.  ( 20 min )
    What Are the Basic Requirements to Qualify for a Payday Loan?
    Payday loans are designed to be quick and easy and generally have limited qualification requirements.  ( 25 min )
    Are Personal Loans Tax-Deductible?
    Find out whether interest on personal loans is tax-deductible and what types of loan interest can be used to reduce your taxable income.  ( 22 min )
    8 Cheaper Ways to Raise Cash Than Car Title Loans
    Before you sign up for a high interest car title loan, investigate these eight alternative cash-raising strategies.  ( 26 min )
    Nordstrom Shares Tumble After Reporting Sales Drop and Record Theft
    Nordstrom shares dropped after the retailer reported a drop in sales amid a slowdown in discretionary spending, and said losses from theft reached a record high.  ( 17 min )
    Managing Interest Rate Risk
    Interest rate risk is the risk that arises when the absolute level of interest rates fluctuate and directly affects the values of fixed-income securities.  ( 26 min )
    Collateralization: Definition, How It Works, Examples
    Collateralization is the use of a valuable asset to secure a loan against default. The collateral can be seized by the lender to offset any loss.  ( 21 min )
    8 Possible Risks of Unsecured Personal Loans
    If you are seeking a personal loan, be aware of these eight potential pitfalls before you proceed.  ( 21 min )
    The Global Dow
    The Global Dow is an equal-weighted stock index consisting of the stocks of 150 top companies from around the world as selected by Dow Jones editors.  ( 21 min )
    Can Personal Loans Be Transferred to Another Person?
    Generally, personal loans cannot be transferred to another person, but mortgages and car loans can be exceptions to the rule.  ( 22 min )
    Car Title Loan Requirements
    Here's a list of what you need to qualify for a car title loan. Most important: having sole ownership of your car with no liens.  ( 22 min )
    Title Loans vs. Payday Loans: What's the Difference?
    Both title loans and payday loans carry risks that outweigh the benefits, but a title loan uses your car as collateral, while a payday loan does not.  ( 24 min )
    One World, One Currency: Could It Work?
    A global currency could provide some benefits such as eliminating currency risk, but drawbacks would include the loss of using monetary policy to influence an economy. Learn more.  ( 23 min )
    Alibaba Rolls Out AI Models With Visual Localization Capabilities
    Alibaba ADRs ticked higher after the Chinese tech giant launched open-source AI models with visual localization capabilities that it says can answer more complex queries.  ( 17 min )
    18 Major Companies Tied to the Apple Supply Chain
    A look at some of Apple's top suppliers gives an understanding of how this growing company functions. By looking at the Apple supply-chain model, along with the benefits and challenges for each component, you can gain an understanding of large-scale, multinational production streams.  ( 24 min )
    Meta Releases AI Tool Fine-Tuned for Writing Computer Code
    Meta Platforms is taking another step forward in its development of artificial information tools with its release of a free chatbot designed to assist with writing computer code.  ( 17 min )
    5 Things to Know Before Markets Open
    Investors will be watching for signals of more interest rate hikes in comments from Federal Reserve Chair Jerome Powell and shares of chipmaker Marvell Technology fell amid concerns about its data center storage business. Here’s what investors need to know today.  ( 18 min )
    Emerging Market Fund: Meaning, Types, Examples
    An emerging market fund invests the majority of its assets in securities from countries with economies that are considered to be emerging.  ( 22 min )
    Middle-Income Countries (MICs): Characteristics and Significance
    Middle-income countries (MICs) is a part of the income categories that the World Bank uses to classify countries' economies for operational and analytical purposes.  ( 20 min )
    Thrift Institutions Advisory Council Definition
    The Thrift Institutions Advisory Council advised the Federal Reserve Board of Governors on the various needs and conditions of nonbank savings institutions.  ( 20 min )
    Credit Rating Agencies: Overview and History
    Three credit rating agencies have a long history in the U.S. Learn about what they do and how they developed.  ( 24 min )
    Blind Brokering Definition
    Blind brokering is when brokerage firms ensure anonymity to both the buyer and the seller in a transaction.  ( 18 min )
  • Open

    S&P 500 Gains and Losses Today: Index Advances, Shaking Off Rate Hike Concerns
    The S&P 500 closed 0.7% higher on Friday, Aug. 25, 2023, as stocks rebounded after comments from Fed Chair Powell that left the door open for more interest rate hikes.  ( 1 min )
    Markets Waver After Fed Chair Powell Suggests the Fed Could Raise Rates Further
    U.S. equity markets wavered between gains and losses midday on Friday, Aug. 25, 2023, after Fed Chair Jerome Powell signaled that inflation remains too high and that the Fed could raise interest rates further to slow price growth.  ( 1 min )
    5 Things to Know Before Markets Open
    Investors will be watching for signals of more interest rate hikes in comments from Federal Reserve Chair Jerome Powell and shares of chipmaker Marvell Technology fell amid concerns about its data center storage business. Here’s what investors need to know today.  ( 1 min )
  • Open

    Duitsland vreest voor vertraging lng-terminal wegens verzet lokale overheden
    De Duitse autoriteiten zijn bang dat de installatie van een nieuwe grote drijvende terminal voor vloeibaar aardgas (lng) vertraging gaat oplopen. Door verzet van lokale overheden kan de terminal mogelijk niet deze winter in gebruik worden genomen.  ( 3 min )
    In 100 woorden | Waarom verhoogt de ECB de rente tijdens hoge inflatie?
    Een prominent lid van de Europese Centrale Bank hintte vrijdag op een nieuwe renteverhoging. NU.nl-lezers vroegen zich af: waarom gaat de rente omhoog terwijl we kampen met hoge inflatie?  ( 2 min )
    Big Bazar sluit winkel in Goes na achterstallige betalingen aan de verhuurder
    Big Bazar vertrekt uit Goes met betaalachterstanden aan de verhuurder van de locatie. De advocaat van het noodlijdende koopjesbedrijf zegt dat het een slechte locatie was en dat er al langer plannen waren om die winkel te sluiten.  ( 4 min )
    Schiphol wil investeren in vernieuwing van luchthaven en personeel
    Schiphol wil structureel meer geld uitgeven aan de kwaliteit van dienstverlening op de luchthaven. Dat geld gaat onder meer naar personeel, maar ook naar onderhoud en vernieuwing. Al deze kosten kunnen gevolgen hebben voor de prijzen van vliegtickets.  ( 4 min )
    Rechter stuurt aanvragers faillissement Big Bazar naar de wachtkamer
    Big Bazar krijgt van de rechter in Leeuwarden tijd om afspraken te maken met schuldeisers en om te reorganiseren. Daarvoor is een afkoelingsperiode afgekondigd. Verhuurders en leveranciers die het faillissement van de keten hebben aangevraagd, moeten daardoor geduld hebben.  ( 4 min )
    OnlyFans groeit explosief, bijna een kwart miljard mensen zijn al fan
    Internetplatform OnlyFans telde eind vorig jaar ruim 3,2 miljoen contentmakers. Dat is bijna een verdubbeling ten opzichte van 2021. Ook het aantal zogenoemde fans groeide hard. Bijna een kwart miljard mensen bekijkt de content van bijvoorbeeld sekswerkers, beroemdheden en artiesten.  ( 3 min )
    ANWB stopt ook met verzekeren Urban Arrow-bakfiets zonder tracker
    Wie een elektrische bakfiets van het merk Urban Arrow wil verzekeren, kan voor een verzekering niet altijd meer bij de ANWB terecht. De fietsen zijn volgens een woordvoerder van de verzekeraar "erg gewild" bij dieven, vooral in de Randstad. Alleen bakfietsen die te volgen zijn met een tracker worden nog verzekerd.  ( 4 min )
    Facebook-moederbedrijf Meta maakt Threads bruikbaar in de internetbrowser
    Threads heeft vrijdag een webversie uitgebracht. Daarmee kan het nieuwe socialemediaplatform van Facebook-moederbedrijf Meta via een internetbrowser gebruikt worden. De berichtendienst is een nieuwe concurrent voor X (Twitter).  ( 3 min )
    Heineken vertrekt uit Rusland en verkoopt alle onderdelen in het land voor 1 euro
    Bierbrouwer Heineken heeft de verkoop van al zijn activiteiten in Rusland afgerond. Het Russische Arnest Group neemt alle aandelen over voor het bedrag van 1 euro. Onder de deal vallen onder meer zeven brouwerijen en 1800 medewerkers. Heineken verwacht dat het verlies als gevolg van de overname 300 miljoen euro zal bedragen.  ( 5 min )
    Schiphol verwerkt flink meer reizigers en spreekt van keerpunt
    Schiphol heeft in de eerste helft van dit jaar beduidend meer reizigers verwerkt dan in dezelfde periode vorig jaar. Daarbij bleef een chaos, zoals in 2022, achterwege. De luchthavenbeheerder spreekt daarom van een keerpunt.  ( 4 min )
    Prominent ECB-lid hint op nieuwe renteverhoging later dit jaar
    De Europese Centrale Bank verhoogt haar rente na de zomer mogelijk nog verder, in de strijd tegen de aanhoudende inflatie in Europa.  ( 3 min )
    SpaceX van Elon Musk aangeklaagd voor discriminatie bij sollicitaties
    Het raket- en satellietbedrijf SpaceX, dat eigendom is van miljardair Elon Musk, is aangeklaagd door het Amerikaanse ministerie van Justitie. SpaceX wordt verdacht van discriminatie van asielzoekers en vluchtelingen bij sollicitaties. Zo zouden zij onder meer stelselmatig zijn ontmoedigd om te solliciteren.  ( 3 min )
  • Open

    150,000 Workers Vote to Authorize Strikes at Stellantis, GM, and Ford
    Workers at the automotive Big Three have voted to authorize a strike when contracts expire on Sept. 14, bringing the nation one step closer to a major labor stoppage costing billions as workers fight for increased pay, retirement pensions, and better benefits.  ( 1 min )
    Affirm Shares Soar on Higher-Than-Expected Forecast as Delinquencies Decline
    Shares of buy now, pay later provider Affirm surged after it gave a higher-than-expected forecast as revenue rose and delinquencies declined.  ( 1 min )
    Wells Fargo Agrees to Pay $35M to SEC Over Excessive Customer Charges
    U.S. bank Wells Fargo has agreed to pay $35 million to the SEC to settle a long-running allegation of overcharging advisory fees.  ( 1 min )
    GM Battery Plant Offers EV Workers Higher Wages After Solvent Leak
    Thursday's proposed deal comes just one day after a chemical solvent leak at Lordstown, Ohio-based Ultium Cells. If ratified by the UAW, the deal would raise wages an average of 25%, though not to the same level as UAW workers who assemble engines and cars.  ( 1 min )
    Nordstrom Shares Tumble After Reporting Sales Drop and Record Theft
    Nordstrom shares dropped after the retailer reported a drop in sales amid a slowdown in discretionary spending, and said losses from theft reached a record high.  ( 1 min )
    Alibaba Rolls Out AI Models With Visual Localization Capabilities
    Alibaba ADRs ticked higher after the Chinese tech giant launched open-source AI models with visual localization capabilities that it says can answer more complex queries.  ( 1 min )
    Meta Releases AI Tool Fine-Tuned for Writing Computer Code
    Meta Platforms is taking another step forward in its development of artificial information tools with its release of a free chatbot designed to assist with writing computer code.  ( 1 min )

  • Open

    The last Nvidia bear on Wall Street throws in the towel and ditches 'sell' rating
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    How the Hawaii Fires Ensnared the State’s Third-Largest Bank
    American Savings Bank, which Hawaiian Electric Industries bought in 1988, might be the holding company’s most valuable asset.  ( 27 min )
    How Vivek Ramaswamy, the surprise GOP debate star, made his fortune and triggered his critics
    He bills himself as an iconoclast ready to shake up the Republican Party after making millions trying to do the same in the biotech industry.  ( 33 min )
    Not everyone is hyping Nvidia earnings. Here's why one analyst says the chip maker is 'ridiculously' overvalued.
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    Tesla Investors to Get About $12,000 Apiece in Musk’s SEC Deal
    (Bloomberg) -- A group of Tesla Inc. investors stands to recover an average of about $12,000 a head for losses they incurred from Elon Musk’s famous 2018 tweet that he had “funding secured” to take the car maker private at $420 a share — and then didn’t.Most Read from BloombergNasdaq 100 Drops 2% as Yields Rise Before Powell: Markets WrapWagner Chief Prigozhin Listed Aboard Crashed Jet, Reports SayNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationMore People Call in Sick on Au  ( 32 min )
    Earn up to 5.85% With One of These 11 Top-Paying Jumbo CDs
    The three best jumbo CD rates in the country right now are 5.85% from One American Bank, 5.76% from Connexus Credit Union, and 5.75% from Sun East Federal Credit Union.  ( 19 min )
    Chipmaker Marvell Technology Narrowly Beats Estimates; Shares Fall
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    Mullen CEO David Michery 'disappointed' with company's low stock price
    Michery added that he suspects “unlawful trading practices” in the electric vehicle manufacturer’s stock are one reason to blame.  ( 14 min )
    Affirm Stock Soars as Revenue Jumps. Credit Quality Is Holding Up.
    Investors have been bearish about the buy now,pay later company because its business model hasn't been tested in an environment like the current one.  ( 26 min )
    Workday Stock Surges As Earnings Top Views, Revenue Jumps 16%
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    Eli Lilly Has A Big Stake In Weight Loss And Alzheimer's Drugs; But Is The Stock A Buy?
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    Dow Jones Futures: Stakes Rise For Fed Chief Powell's Speech After Ugly Market Reversal
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    6 new nations are set to join BRICS. As the G7’s political counterweight grows, is the dollar at risk to a new rival?
    The idea of creating a BRICS common currency to rival the dollar has long been on the agenda of the emerging-market nations in the bloc.  ( 33 min )
    Is Novavax Stock A Buy Or A Sell As Covid Hospitalizations Rise?
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    Marvell Technology Reports Solid Earnings. Investors Seem Disappointed.
    Management said it expects sequential growth in revenue to speed up in the third quarter, but the stock fell in after-hours trading.  ( 26 min )
    Nordstrom stock jumps 6% after the retailer beats on sales, profits
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    The Germans Are Coming. Aldi's Purchase of Winn-Dixie and Harveys Was Purely About Grabbing Market Share In The Southeast US
    American consumers noticing an increasingly German flavor, sometimes literally, in their grocery shopping, are not imagining things. Discount grocer Aldi's recent announcement that it will acquire 400 Winn-Dixie and Harveys Supermarkets in the Southeast will instantly increase its growing market share, adding to German investors' influence on U.S. grocery shopping choices. The move will expand Aldi's presence in Florida, Alabama, Georgia, Louisiana and Mississippi, with the grocer expected to en  ( 31 min )
    A 40% rout in Apple bonds is signaling trouble for bank balance sheets with big debt holdings, markets guru Larry McDonald says
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    T-Bill Deluge Risks Draining Bank Reserves, St. Louis Fed Warns
    (Bloomberg) -- As the US Treasury borrows heavily in the bills market, the Federal Reserve may find it has to pause its efforts to shrink its balance sheet to ensure the banking system remains stable, according to the St. Louis Fed. Most Read from BloombergWagner Chief Prigozhin Listed Aboard Crashed Jet, Reports SayNasdaq 100 Drops 2% as Yields Rise Before Powell: Markets WrapMore People Call in Sick on August 24 Than Any Other DayHuawei Building Secret Network for Chips, Trade Group WarnsBRICS  ( 31 min )
    Ether Whales Scooped Up $94M in ETH as Price Plunged to $1.6K
    ETH fell to as low as $1,547 last Thursday, its lowest price since June.  ( 31 min )
    Dow Jones Falls As Powell Speech Risks Rise; Elon Musk Issues This Cybertruck Warning
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    Nvidia to Wall Street: What supply problems?
    Nvidia addressed concerns about its ability to meet customer demand and the potential impact of fresh sanctions against exports to China during its latest earnings call.  ( 33 min )
    Millennials Face Record $4 Trillion Debt Crisis — They're Struggling to Build Wealth, Homeownership And Retirement Savings
    A Wall Street Journal analysis of Federal Reserve data reveals a concerning financial situation for people ages 30 to 39, which constitute the majority of the millennial generation. The demographic accumulated nearly $4 trillion in debt during the fourth quarter of 2022, reflecting a substantial $140 billion rise from the preceding quarter. The surge represents a 27% increase since late 2019, constituting the most significant upswing in debt accumulation since the 2008 financial crisis. Contrary  ( 32 min )
    Nvidia’s A.I.-fueled profit beat has investors cheering—but a deeper analysis shows serious valuation problems
    "Nvidia's valuation is ridiculous," says analyst David Trainer. "People should not be chasing this stock before it drops by around 80% to below $100."  ( 33 min )
    Disney drops to lowest in over three years as investors turn bearish
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    Mortgage Company Starts Trading, Promptly Sinks
    A mortgage company started trading publicly today. Investors weren't enthused. Shares of Better Home & Finance fell more than 90% in Thursday trading. The company had agreed to go public in 2021 via a merger with a special-purpose acquisition company, but the closing date of the transaction hit a l  ( 23 min )
    Disturbing Trend For Real Estate Investors: Homes Sold At A Loss, Numbers Not Seen Since 2016 — But This Booming Alternative Is Open To Anyone
    The glory days of real estate investors buying and flipping homes for quick profits seem to have hit a roadblock. It appears that investors are now losing on approximately one out of every seven homes they sell. In certain U.S. cities, sky-high house prices and elevated mortgage rates have diminished homebuyer demand, forcing investors to sell homes at a loss. A recent report by Redfin reveals that in March, investors lost money on roughly 13.5% of the homes they sold, while only 4.8% of overall  ( 33 min )
    Fed Chair Powell At Jackson Hole: Here's The Real Risk For The S&P 500
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    Jeff Bezos Is Paying $600K A Month In Rent To This Famous Musician — Here's How To Collect Rental Income Without Becoming A Landlord
    With a net worth of $153 billion, Amazon.com Inc. Founder Jeff Bezos can probably afford to buy any house he wants. But right now, he's renting. Bezos and his fiancée Lauren Sanchez are reportedly renting a home in Malibu, California, from legendary jazz saxophonist Kenny G for $600,000 per month. The 5,500-square-foot house comes with a huge backyard, pool, screening room and recording studio. It also has a 3,500-square-foot guesthouse. The estate gives the couple access to Little Dume Beach, o  ( 33 min )
    Relatives of Subway founders in line for billions after sandwich chain sold
    Retail sales suffered the fastest plunge this month since March 2021, when the nation was still in lockdown, according to the Confederation of British Industry.  ( 47 min )
    Gen Z Surpasses Older Generations In Retirement Savings And Investments
    Generation Z has taken over the retirement savings game, leaving their predecessors in the dust. They have come to dominate the arena of financial planning and investing for the future. According to a report by Vanguard, workers ages 18 to 24 were 32% more likely to invest in their workplace retirement plan than their older colleagues were at the same age. This is impressive considering younger generations typically have lower participation rates because of a lack of knowledge and lower income.  ( 31 min )
    China's stock market reels from record stretch of capital exodus
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    Analyst Report: Barrick Gold Corporation
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    Analyst Report: Toll Brothers Inc.
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    How Nvidia became the world’s most important company overnight
    The three mid-ranking Silicon Valley engineers behind Nvidia had just $40,000 (£31,500) between them when they started the company three decades ago, fuelled by a belief that 3D graphics would change the rapidly growing video game industry.  ( 33 min )
    Market Update: GOLD, TOL, HLN
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    The S&P 500 is poised to fall - and a government error could crush the US economy, one veteran trader warns
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    Spirit AeroSystems stock plummets after new manufacturing error identified
    Spirit AeroSystems discovers issues with fuselage supplied to Boeing  ( 9 min )
    Why the AI spending boom won't end up like the 1990s tech bubble
    Nvidia stock is roaring like many did during the 1990s bubble. But this time around, the hype around new chips is happening in a more mature demand environment.  ( 33 min )
    Disney on Track for Its Lowest Close Since 2014. Boeing Also Drags on Dow.
    Walt Disney stock was falling Thursday in a head-scratching move as shares dropped for three of the past four days. Disney (ticker: DIS) shares were tumbling 3.1% to $83.14 and were on pace for their lowest close since October 2014, according to Dow Jones Market Data. The entertainment giant was th  ( 14 min )
    Nvidia Stock Is Getting Cheaper While Tesla Just Keeps Getting More Expensive
    Nvidia produced incredible quarterly numbers. Ironically, that is probably responsible for the drop in the Nasdaq Composite on Thursday.  ( 26 min )
    Oil Tanker Stock Jumps After Strong Quarter; Navigates Rough Seas
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    'Make That Brand Great Again': Anheuser-Busch Heir Billy Busch Wants To Buy Bud Light Back, Blasts The Company For Using 'Woke Students' To Do Marketing. Will It Really Happen?
    More than four months after Bud Light's marketing blunder, the beer brand remains in the spotlight. Now Billy Busch, heir to the Anheuser-Busch dynasty, presents an intriguing proposition to Bud Light's parent company, Anheuser-Busch InBev SA (NYSE:BUD). "I urge that company, InBev, if they don't want that brand any longer, sell it back to the Busch family. Sell it to me. I'll be the first in line to buy that brand back from you. And we'll make that brand great again," he said during Tomi Lahren  ( 33 min )
    Nasdaq drops nearly 2% as Fed warns rate cuts aren't coming soon: Stock market news today
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    Nasdaq drops 1% as Fed warns rate cuts aren't coming soon: Stock market news today
    Stocks were lower on Thursday as investors digested hawkish commentary from the Federal Reserve that warned interest rates will be higher for longer than initally anticipated.  ( 32 min )
    Mortgage Rates Tumble from 21-Year Highs
    Mortgage rates have dropped significantly across every loan type. The 30-year average gave up more than an eighth of a point, sinking to its lowest level in a week.  ( 21 min )
    Dollar Tree adding locked cases, removing items from stores amid rising theft costs
    Dollar Tree tanks as profits get squeezed partly due to higher theft.  ( 32 min )
    Americans Refuse To Date Partners Earning Less Than This Salary Or Carrying This Student Debt, According To Studies
    When love is in the air, the conversation about finances might not be a romantic one, but recent surveys suggest that it is a necessary and crucial dialogue for couples. A surprising 64% of people in relationships face money differences, underlining the need to address financial topics early on before they become major problems. This becomes even more important as relationships get more serious, like moving in together or getting married. Financial Deal-Breakers: Personal Loans And More Personal  ( 32 min )
    Stocks Retreat as Traders Weigh Mixed Data Before Powell Speech
    (Bloomberg) -- Nasdaq 100 futures bounced, setting up the technology-heavy index to trim monthly declines, after a blowout forecast from Nvidia Corp. revived the buzz around artificial intelligence.Most Read from BloombergWagner Chief Prigozhin Listed Aboard Crashed Jet, Reports SayHuawei Building Secret Network for Chips, Trade Group WarnsWagner Chief Prigozhin Was in Deadly Jet Crash, Russia SaysWagner Chief Yevgeny Prigozhin, Mercenary Who Defied Putin, Is Presumed DeadNvidia Nears Record Hig  ( 32 min )
    J.P. Morgan Sees up to 110% Gains in These 2 Stocks — Here’s Why They Could Soar
    There’s been a lot of doomsaying about the economy in recent months, with predictions of a coming recession. The markets have also been a bit shaky in August, with the S&P 500 falling about 3%. But in a note from JPMorgan, global investment strategist Madison Faller keeps a generally favorable outlook and assuages investors that market swings are par for the course. “In any given year, there are good things and bad things that impact the economy and markets,” Faller said. “And while we tend to s  ( 35 min )
    Nvidia Cheer Fades As Stock Market Reverses Lower; Retailer's Sell-Off Adds To Sector's Woes
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    Fed's Harker tells CNBC he expects no more rate cuts this year
    Federal Reserve Bank of Philadelphia President Patrick Harker said Thursday he doubts the U.S. central bank will need to raise interest rates again, in an interview with CNBC. "Right now I think that we've probably done enough" and with monetary policy in a restrictive stance, it's probably a good idea to hold steady for the rest of this year and see how that affects the economy, Harker said. Harker spoke to the television channel on the sidelines of the Kansas City Fed’s annual research conference in Jackson Hole, Wyoming.  ( 30 min )
    Cybertruck: Musk complains about quality issues while teasing 'production candidate'
    As Tesla nears production and closes in on its Q3 delivery event for the Cybertruck, an old foe rears its ugly head: production quality.  ( 32 min )
    T-Mobile US to Lay Off 5,000 Employees
    Wireless services company plans to cut about 7% of its workforce as it fends off competition from cable companies.  ( 25 min )
    Soaring EV Stock Chanos Calls ‘Insane’ Is a Dangerous Short
    (Bloomberg) -- VinFast Auto Ltd.’s head-scratching surge has given the money-losing electric car startup a bigger market capitalization than Citigroup Inc., with famed short seller Jim Chanos calling the stock’s valuation “insane.”Most Read from BloombergWagner Chief Prigozhin Listed Aboard Crashed Jet, Reports SayHuawei Building Secret Network for Chips, Trade Group WarnsNvidia Nears Record High as AI Demand Fuels Blowout ForecastWagner Chief Prigozhin Was in Deadly Jet Crash, Russia SaysBRICS  ( 33 min )
    Better Just Went Public at a Bad Time for Mortgage Lenders. The Stock Is Down 91%.
    Mortgage demand isn’t what it used to be: Both home purchase and refinance application volume have dropped below their booming levels in 2020 and 2021.  ( 27 min )
    Boeing Stock Stalls, Spirit AeroSystems Pokes More Holes In 737 Delivery Schedule
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    Is It Better to Be Rich or Wealthy?
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    This Is Where Advisors Are Telling Clients to Stash Cash Right Now
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    Dollar Tree Stock Falls. Earnings Stoke Concerns About Retail Theft and Consumer Spending.
    The discount retailer reported a decline in its gross margin year over year, partly due to inventory loss.  ( 27 min )
    Nasdaq rises as Nvidia sparks tech rally: Stock market news today
    The Nasdaq popped after Nvidia's earnings smashed Wall Street's expectations.  ( 31 min )
    EUR/USD Forecast – Euro Waits for Jackson Hole
    The euro has been relatively quiet during early trading on Thursday, as we wait for speeches coming out of Jackson Hole on Friday.  ( 32 min )
    AMC's Reverse Stock Split Takes Effect
    AMC completed a reverse stock split Thursday, ahead of a planned conversion of preferred equity units into common shares. The reverse split gave shareholders in the movie-theater chain one share for every 10 they previously held, and has the effect of increasing AMC's share price. The conversion o  ( 22 min )
    AMC Goes Bananas Before the APE Conversion—And the Stock Gets an Upgrade.
    The looming APE equity unit conversion causes major volatility in AMC stock. The good news is the shares were upgraded by Wedbush.  ( 26 min )
    I'm Retired. Can I Ever Stop Filing Taxes?
    When you retire or reach a certain age, there might be certain things you no longer have to do. You might get to skip the commute or qualify for some great discounts. But no matter your age, you don't get … Continue reading → The post Do Seniors Ever Stop Filing Taxes? appeared first on SmartAsset Blog.  ( 33 min )
    Nasdaq futures rise as Nvidia sparks tech rally: Stock market news today
    Stock futures tied to the Nasdaq popped after Nvidia's earnings smashed Wall Street's expectations.  ( 31 min )
    Dow Jones Futures Fall After Surprise Jobless Claims; Nvidia Surges On Earnings
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    Splunk Has Been Overshadowed by Nvidia. The Stock’s About to Rally.
    Splunk stock’s performance this year has been only a fraction of the surge in Nvidia's shares, but impressive second-quarter earnings and guidance look set kick off a surge.  ( 26 min )
    Boeing Stock Drops. 737 Deliveries Are at Risk After Issue at Spirit AeroSystems.
    Shares in Spirit AeroSystems take a bigger hit despite the Boeing supplier saying the 737 issue will not make a material impact to its delivery range.  ( 26 min )
    Cash is challenging stocks for the first time in 22 years: Morning Brief
    Cash is challenging the stock market's earnings yield for the first time in 22 years, representing a major shift in the environment for investors.  ( 33 min )
    KKR’s Latest Bankruptcy Deal Is a Bad Omen for Lenders
    (Bloomberg) -- As corporate failures surge this year, debt investors are in a fight to salvage as much money as they can from the wreckage. The early skirmishes are going very badly.Most Read from BloombergWagner Chief Prigozhin Listed Aboard Crashed Jet, Reports SayHuawei Building Secret Network for Chips, Trade Group WarnsWagner Chief Prigozhin Was in Deadly Jet Crash, Russia SaysWagner Chief Yevgeny Prigozhin, Mercenary Who Defied Putin, Is Presumed DeadNvidia Nears Record High as AI Demand F  ( 34 min )
    Sandwich chain Subway to sell itself for $9.55 billion to Roark Capital - sources
    Sandwich chain Subway has agreed to sell itself to private equity firm Roark Capital, the company said on Thursday, amid its struggles with intensifying competition and rising costs.  ( 29 min )
    Nvidia's blowout results are exciting analysts so much, one of them even said the AI chipmaker will be 'most important company to civilization'
    AI chipmaker Nvidia posted revenues of $13.51 billion in the second quarter. That's 88% higher than the previous quarter and up 101% from a year ago.  ( 32 min )
    Nvidia’s AI Surge Is Just Getting Started
    The blowout results and forecast indicate that demand for the company under CEO Jensen Huang isn’t short-lived, but high prices will spur competition.  ( 27 min )
    What High Earners Need to Know for Trump-Era Tax Expirations
    In 2017, the Trump administration spearheaded a comprehensive series of tax cuts. Called the Tax Cuts and Jobs Act (TCJA), the law reduced corporate taxes by about 40% and household taxes by varying degrees for most individuals. While the corporate tax cut is permanent, most of the individual tax reductions will end in 2025 or […] The post What High Earners Need to Know for Trump-Era Tax Expirations appeared first on SmartReads by SmartAsset.  ( 34 min )
    Analyst Report: NVIDIA Corp
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    Analyst Report: Idex Corporation
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    Daily Spotlight: Seeking High Yield
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    Technical Assessment: Neutral in the Intermediate-Term
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    Boeing shares fall as 737 goal at risk from supplier defect involving Spirit
    This could put pressure on the top end of Boeing's annual 737 delivery target of 450 planes, some Wall Street analysts warned even as the planemaker said it was evaluating that goal. It is for the second year that Boeing's delivery targets are under review, after supply-chain issues forced it to temper its goal last year. The latest quality issue is due to improperly shaped holes in the aft pressure bulkhead of some planes.  ( 31 min )
    Daily – Vickers Top Insider Picks for 08/24/2023
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    Daily – Vickers Top Buyers & Sellers for 08/24/2023
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    Here's what Wall Street is saying about Nvidia's 'whopper' of an earnings report
    Wall Street continues to gush over Nvidia's financials.  ( 34 min )
    These Stocks Are Moving the Most Today: Nvidia, Snowflake, Splunk, Boeing, AMC, U.S. Steel, and More
    Nvidia stock surges after the chip maker forecasts third-quarter revenue of $16 billion at the midpoint of its range, well above analysts' forecasts. Snowflake, meanwhile, reports better-than-expected second-quarter earnings and revenue, and Splunk's quarterly revenue jumps 14% and tops estimates.  ( 27 min )
    Britain’s largest oil producer swings from $1bn profit to loss after windfall tax
    The UK’s largest oil producer has blamed the Government’s windfall tax after it swung from a near $1bn profit to an $8m (£6.3m) loss during the first half of the year.  ( 32 min )
    Wall Street’s Last Analyst With a ‘Sell’ on Nvidia Gives In
    (Bloomberg) -- The last research firm with the equivalent of a “sell” rating on Nvidia Corp. is throwing in the towel.Most Read from BloombergWagner Chief Prigozhin Listed Aboard Crashed Jet, Reports SayHuawei Building Secret Network for Chips, Trade Group WarnsWagner Chief Prigozhin Was in Deadly Jet Crash, Russia SaysQQQ Up in Late Hours on Nvidia’s Bullish Forecast: Markets WrapGoldman Is Cracking Down on Employees That Aren't in Office Five Days a WeekMorningstar Inc. upgraded the chipmaker  ( 31 min )
    Conoco Deal Triggers Divestment Alert From Pension Investors
    (Bloomberg) -- ConocoPhillips has been put on divestment watch by some of Europe’s biggest pension funds, after using proceeds from a recent debt financing to expand its business in oil sands.Most Read from BloombergWagner Chief Prigozhin Listed Aboard Crashed Jet, Reports SayHuawei Building Secret Network for Chips, Trade Group WarnsWagner Chief Prigozhin Was in Deadly Jet Crash, Russia SaysWagner Chief Yevgeny Prigozhin, Mercenary Who Defied Putin, Is Presumed DeadQQQ Up in Late Hours on Nvidi  ( 33 min )
    Nvidia's Frankfurt shares surge as stellar results seen keeping AI rally alive
    More than 20 brokerages raised their target price for Nvidia post the earnings update, according to Refinitiv data, with Elazar Advisors being the most bullish at $1,600. Along with Rosenblatt Securities at $1,100 - they are the only ones to have targets above $1,000 for Nvidia. Nvidia has been the biggest beneficiary of the rise of ChatGPT and other generative AI apps, virtually all of which are powered by its graphics processors.  ( 32 min )
    Norwegian Air Shuttle 2Q Net Profit Fell, But Demand Remains Strong
    Norwegian Air Shuttle reported a drop in second-quarter net profit to NOK538 million, but said demand was strong and that it has begun examining the potential for a dividend.  ( 25 min )
    Dow Jones Futures Rise: Hot Nvidia Earnings, Guidance Lift AI Stocks; Market Rally Still Must Do This
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    Here's what Wall Street expects from Jerome Powell at Jackson Hole
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    Stock investors are 'delusional' to think the Fed can pull off its 'mission impossible,' says PNC's chief investor
    The stock market is pricing in an unrealistic "no landing" scenario where the Fed crushes inflation without triggering a recession, Amanda Agati says.  ( 31 min )
    Bond Buyers Haven’t Had It This Good Since the Financial Crisis
    (Bloomberg) -- The prospect of global interest rates remaining higher for longer is tipping the case for many investors to switch into bonds from stocks.Most Read from BloombergWagner Chief Prigozhin Listed Aboard Crashed Jet, Reports SayHuawei Building Secret Network for Chips, Trade Group WarnsWagner Chief Prigozhin Was in Deadly Jet Crash, Russia SaysQQQ Up in Late Hours on Nvidia’s Bullish Forecast: Markets WrapGoldman Is Cracking Down on Employees That Aren't in Office Five Days a WeekFixed  ( 33 min )
    Nvidia Sounds Fresh Warning About Damage From China Export Rules
    (Bloomberg) -- Nvidia Corp. acknowledged that the US may impose stronger restrictions on the sale of chips to China and warned that such a move will hurt American companies in the long term, reiterating a broadly held view among top chipmakers.Most Read from BloombergWagner Chief Prigozhin Listed Aboard Crashed Jet, Reports SayHuawei Building Secret Network for Chips, Trade Group WarnsWagner Chief Prigozhin Was in Deadly Jet Crash, Russia SaysQQQ Up in Late Hours on Nvidia’s Bullish Forecast: Ma  ( 32 min )
    Nvidia bets $25 billion that AI boom is far from over
    Nvidia's CEO Jensen Huang said he expects the artificial intelligence boom will last well into next year and made what could be the largest single bet yet in the tech sector to back up his optimism. The company's sales forecast on Wednesday blew past Wall Street's expectations and it said it would buy back another $25 billion of its shares, a move most companies make when their leadership thinks the company is undervalued. Nvidia's stock price, though, has more than tripled this year and was set to hit an all-time high after Wednesday's results.  ( 33 min )
    Down More Than 50%: Analysts Say Buy These 2 Beaten-Down Stocks Before They Rebound
    Old school investors will tell you that ‘buying low and selling high’ is the key to market success. The advice may be cliché, but it’s based on mathematical truth. The hard part, however, is understanding when prices are low, because that’s not always an absolute number. In recognizing that lower price range, investors can turn to Wall Street’s analysts for help. These professional stock watchers build their reputations on the quality of their calls, sorting through reams of data to find and rec  ( 34 min )
  • Open

    Occupancy Fraud: Definition, Rules, and Penalties
    Occupancy fraud is a type of mortgage fraud, whereby the borrower lies about whether or not the home will be owner occupied.  ( 22 min )
    Indexed Universal Life Insurance (IUL) Meaning and Pros and Cons
    Indexed universal life insurance offers tax benefits and potentially higher returns, but it has a number of risks that need to be considered.  ( 28 min )
    Earn up to 5.85% With One of These 11 Top-Paying Jumbo CDs
    The three best jumbo CD rates in the country right now are 5.85% from One American Bank, 5.76% from Connexus Credit Union, and 5.75% from Sun East Federal Credit Union.  ( 19 min )
    What Is an Increasing Death Benefit in Life Insurance?
    Life insurance can increase your coverage over time. Here's how this works with different types of policies.  ( 21 min )
    Zero-Coupon Inflation Swap (ZCIS): Formula, Examples and Benefits
    A zero-coupon inflation swap is a derivative where a fixed-rate payment on a notional amount is exchanged for a payment at the rate of inflation.  ( 21 min )
    How to Find a Trustworthy Reverse Mortgage Counselor
    Reverse mortgage counseling is required for home equity conversion mortgages. Learn how to find a trustworthy reverse mortgage counselor to work with.  ( 24 min )
    S&P 500 Gains and Losses Today: Tech Rally Stalls Ahead of Speech From Fed Chair Powell
    The S&P 500 dropped 1.4% on Thursday, Aug. 24, 2023 as the recent rally in tech stocks came to a halt ahead of Friday's speech by Fed Chair Jerome Powell.  ( 17 min )
    Top CDs Today: Top Rate Holds At 5.75%, Offered Two Ways
    Today's best CD rates are 5.85% on a jumbo option from One America Bank, and 5.75% for smaller deposits, offered by both Abound Credit Union and MapleMark Bank.  ( 19 min )
    The Diminishing Effects of Japan's Quantitative Easing
    Twenty-five years of expansionary policy, both fiscal and monetary, has not yielded the desired results for the Japanese economy.  ( 21 min )
    Home Equity Loan Fees vs. Mortgage Loan Fees
    Home equity loans generally have higher interest rates but lower closing costs and fees than mortgages, so it pays to shop around.  ( 22 min )
    Employer Payroll Tax Deferral Provision: What it is, How it Works
    The employer payroll tax deferral lets you defer the employer portion of 2020 and 2021 Social Security taxes and split payment between 2021 and 2022.  ( 21 min )
    Do Lower Interest Rates Increase Investment Spending?
    Lower interest rates increase business investment by making it cheaper to borrow money for new projects.  ( 20 min )
    Demand-Side Economics Definition, Examples of Policies
    Demand-side economics emphasizes the importance of aggregate demand and supports government intervention.  ( 22 min )
    Fed Officials Are Divided on Need For More Rate Hikes
    Federal Reserve officials gave differing assessments Thursday at the Jackson Hole Economic Symposium about whether the central bank should raise its benchmark interest rate.  ( 17 min )
    10 American Funds Mutual Funds with Long Track Records
    Learn about the performance of the mutual funds offered by Capital Group's American Funds that have the longest established track records.  ( 19 min )
    Internal Growth Rate (IGR): Definition, Uses, Formula and Example
    An internal growth rate (IGR) is the highest level of growth achievable for a business without obtaining outside financing.  ( 20 min )
    Public, Private, Permissioned Blockchains Compared
    There are three general types of blockchains—public, private, and permissioned. Learn the key differences and how they are typically used.  ( 22 min )
    Proof of Burn (Cryptocurrency) Definition
    The proof of burn (POB) consensus algorithm combines the proof of work (POW) and proof of stake (POS) and partially overcomes their shortcomings.  ( 20 min )
    Investment Company Act of 1940 Definition
    Created by Congress, the Investment Company Act of 1940 regulates the organization of investment companies and the product offerings they issue.  ( 24 min )
    Do I Need Life Insurance?
    Do you need life insurance? Read on to tell whether or not life insurance is necessary for your financial plan.  ( 26 min )
    Hyperledger Fabric: Definition, Example, Risks and 2.0 Version
    Hyperledger Fabric is a platform for building various blockchain-based products, solutions, and applications for business use.  ( 21 min )
    Cryptocurrency Spoofing: How it Works, Protecting Yourself
    Cryptocurrency spoofing is the process by which criminals attempt to artificially influence the price of a digital currency by creating fake orders.  ( 20 min )
    Markets Fall Midday as Tech Rally Fades Ahead of Speech by Fed Chair Powell
    U.S. equity markets fell in midday trading on Thursday, Aug. 24, 2023, as tech gains following Nvidia's earnings beat faded ahead of Fed Chair Jerome Powell's coming speech at the Jackson Hole Economic Symposium.  ( 16 min )
    NBA Legend Michael Jordan's Net Worth and Businesses
    Basketball legend Michael Jordan is the richest NBA player of all time after selling his stake in the Charlotte Hornets. One of the best basketball players in NBA history, Jordan has a net worth of $3.5 billion as of 2023, thanks to lucrative endorsements such as Nike and the Jordan Brand, and other business ventures.  ( 21 min )
    Sovereign Debt: Overview and Features
    Sovereign debt is issued by a country's government in order to borrow money.  ( 22 min )
    Average Mortgage Rate Surges to a Fresh 22-Year High of 7.23%
    The average rate offered for a 30-year fixed mortgage surged this week to 7.23% from 7.09% the week before, reaching the highest point since 2001, Freddie Mac said Thursday.  ( 17 min )
    BRICS: Acronym for Brazil, Russia, India, China, and South Africa
    BRICS is an acronym for the combined economies of Brazil, Russia, India, China, and South Africa, which some claimed early in this century were poised to dominate the world economy by 2050.  ( 23 min )
    Mortgage Rates Tumble from 21-Year Highs
    Mortgage rates have dropped significantly across every loan type. The 30-year average gave up more than an eighth of a point, sinking to its lowest level in a week.  ( 20 min )
    Dollar Tree Beats Q2 Estimates but Comes Up Short on Margins
    Dollar Tree posted stronger-than-expected earnings for the quarter ended July 29, as the discount retailer benefited from higher sales at its flagship stores but was pressured by weaker margins.  ( 19 min )
    Phi Ellipses Definition and Uses
    Phi ellipses is a little-known trading tool, drawn by a computer or trading software, used to detect price patterns, trends, and possible reversals.  ( 19 min )
    Purchase Money Security Interest (PMSI) Definition, How It Works
    A purchase money security interest (PMSI) is a legal first claim to repossess property financed with its loan when a borrower defaults.  ( 23 min )
    What Does a Low Federal Funds Rate Mean?
    A low federal funds rate implies expansionary monetary policy by a government, stimulating demand and employment.  ( 23 min )
    Proprietary Reverse Mortgages vs. Single-Purpose Reverse Mortgages
    Home equity conversion mortgages are the most common reverse mortgages, but proprietary and single-purpose reverse mortgages offer other benefits.  ( 21 min )
    Chip-and-Signature Card
    A chip-and-signature card is a type of credit card that encodes its information in a magnetic stripe as well as a square microchip.  ( 19 min )
    Boeing and Spirit AeroSystems Shares Drop as Defect Delays 737 MAX Deliveries
    Boeing and Spirit AeroSystems shares dropped as a 737 MAX quality problem delays deliveries and Boeing warned it could miss this year's delivery target.  ( 17 min )
    How Does the Government Spend My Taxes?
    Learn about the dynamics of the federal budget including how it is passed and the major categories representing revenue and expenditures.  ( 19 min )
    AMD Acquires French AI Software Company Mipsology
    The acquisition is just the latest move in AMD's ongoing artificial intelligence push that includes the unveiling of a new GPU earlier this summer.  ( 17 min )
    Saudi Arabia and Iran to Join BRICS Along With Four New Members
    The enlarged BRICS coalition will control almost half the global crude oil market and will have the strength to trade within the bloc in non-dollar currencies.  ( 17 min )
    Book Value: Definition, Meaning, Formula, and Examples
    A company's book value is its total assets minus its total liabilities. It can be determined by looking at the Shareholders's Equity section of the Balance Sheet.  ( 22 min )
    Satoshi Cycle Definition
    The Satoshi Cycle was a cryptocurrency theory that attempted to establish a cause and effect relationship between Bitcoin's price and Internet searches.  ( 22 min )
    Associate in Loss Control Management (ALCM) Definition
    An Associate in Loss Control Management (ALCM) was a professional designation offered by the Insurance Institute of America (IIA).  ( 19 min )
    More Than 1 Million U.S. Homes Are Standing Vacant
    While 1.3 million residential properties in the US are vacant, zombie foreclosures still accounted for just a fraction of the nation's 101.6 million residential property stock.  ( 17 min )
    The 3 Major Economic Components Necessary for Stagflation to Occur
    Dig deeper into the three components of stagflation: inflation, unemployment, and declining output, as understood by economic theory.  ( 19 min )
    How Governments Reduce the National Debt
    Governments have options when trying to reduce national debt, and throughout history, some have actually worked. Cutting spending has proved most successful.  ( 26 min )
    Cryptojacking Definition
    Cryptojacking is a form of cyberattack in which a hacker hijacks a target's processing power in order to mine cryptocurrency on the hacker's behalf.  ( 20 min )
    Nvidia Posts Another Blowout Quarter, Announces $25B Share Buyback
    CEO Huang cited "a new computing era" and increased corporate interest in generative A.I. to explain the surge in demand for GPU chips and data center resources.  ( 17 min )
    What Is the General Equilibrium Theory in Macroeconomics?
    Achieving equilibrium of prices in a single or multi-market setting involves a bidding process that is informed precisely by demand.  ( 20 min )
    5 Things to Know Before Markets Open
    Nvidia shares surged after the chipmaker gave a higher-than-expected revenue forecast on rising demand for AI, and shares of software maker Splunk jumped after it narrowed losses on higher AI revenue. Here’s what investors need to know today.  ( 18 min )
    Debt vs. Deficit: What's the Difference?
    A debt is money owed and a deficit is an imbalance of spending vs. revenue. A country that has debt and/or deficits does not necessarily have a weak economy.  ( 26 min )
    What Macroeconomic Problems Do Policymakers Most Commonly Face?
    Learn about the macroeconomic factors policymakers have to be concerned with when deciding on economic policies, such as taxation and interest rates.  ( 21 min )
    Why Do Supply Shocks Occur and Who Do They Affect?
    Take a deeper look at the nature of supply shocks, an economic phenomenon that dramatically changes the equilibrium level of production.  ( 23 min )
  • Open

    S&P 500 Gains and Losses Today: Tech Rally Stalls Ahead of Speech From Fed Chair Powell
    The S&P 500 dropped 1.4% on Thursday, Aug. 24, 2023 as the recent rally in tech stocks came to a halt ahead of Friday's speech by Fed Chair Jerome Powell.  ( 1 min )
    Average Mortgage Rate Surges to a Fresh 22-Year High of 7.23%
    The average rate offered for a 30-year fixed mortgage surged this week to 7.23% from 7.09% the week before, reaching the highest point since 2001, Freddie Mac said Thursday.  ( 1 min )
    Markets Fall Midday as Tech Rally Fades Ahead of Speech by Fed Chair Powell
    U.S. equity markets fell in midday trading on Thursday, Aug. 24, 2023, as tech gains following Nvidia's earnings beat faded ahead of Fed Chair Jerome Powell's coming speech at the Jackson Hole Economic Symposium.  ( 1 min )
    5 Things to Know Before Markets Open
    Nvidia shares surged after the chipmaker gave a higher-than-expected revenue forecast on rising demand for AI, and shares of software maker Splunk jumped after it narrowed losses on higher AI revenue. Here’s what investors need to know today.  ( 1 min )
  • Open

    SpaceX van Elon Musk aangeklaagd voor discrimineren bij sollicitaties
    Het raket- en satellietbedrijf SpaceX, dat eigendom is van miljardair Elon Musk, is aangeklaagd door het Amerikaanse ministerie van Justitie. SpaceX wordt verdacht van discriminatie van asielzoekers en vluchtelingen bij sollicitaties. Zo zouden zij onder meer stelselmatig zijn ontmoedigd om te solliciteren.  ( 3 min )
    Minder werklozen zitten langdurig thuis dan tien jaar geleden
    Veel werklozen zitten nu maar kort zonder werk. Tien jaar geleden zaten meer mensen langdurig thuis. In april, mei en juni zat een op de zeven werklozen twaalf maanden of langer zonder werk, blijkt uit cijfers van statistiekbureau CBS.  ( 3 min )
    Families achter Subway verkopen het bedrijf voor bijna 10 miljard dollar
    Subway, de broodjesketen met wereldwijd ruim 37.000 vestigingen, wordt door de families van de oprichters verkocht. De koper is investeringsmaatschappij Roark Capital, de eigenaar van onder meer Dunkin' Donuts.  ( 3 min )
    Families achter Subway verkopen het bedrijf na 58 jaar voor bijna 10 miljard dollar
    Subway, de broodjesketen met wereldwijd ruim 37.000 vestigingen, wordt door de families van de oprichters verkocht. De koper is investeringsmaatschappij Roark Capital, de eigenaar van onder meer Dunkin' Donuts.  ( 3 min )
    ANWB stopt ook met het verzekeren van Urban Arrow-bakfietsen
    Wie een elektrische bakfiets van het merk Urban Arrow wil verzekeren, kan niet meer bij de ANWB terecht. De fietsen zijn volgens een woordvoerder van de verzekeraar "erg gewild" bij dieven, vooral in de Randstad.  ( 4 min )
    ANWB verzekert naast fatbikes ook geen bakfietsen van Urban Arrow meer
    Wie een elektrische bakfiets van het merk Urban Arrow wil verzekeren, kan niet meer bij de ANWB terecht. De fietsen zijn volgens een woordvoerder van de verzekeraar "erg gewild" bij dieven, vooral in de Randstad.  ( 4 min )
    Turkije verhoogt rente opnieuw flink in strijd tegen inflatie
    De Turkse centrale bank heeft het rentetarief in het land flink opgeschroefd, tot 25 procent. De enorme rentestap kwam als een verrassing. Economen hadden gerekend op een veel kleinere verhoging.  ( 3 min )
    Na de fatbike stopt ANWB ook met verzekeren van Urban Arrow-bakfiets
    Wie een elektrische bakfiets van het merk Urban Arrow wil verzekeren, kan binnenkort niet meer bij de ANWB terecht. De fietsen zijn volgens een woordvoerder van de verzekeraar "erg gewild" bij dieven, vooral in de Randstad.  ( 3 min )
    Toerist is terug in Nederland en koopt weer volop Delfts blauw
    Royal Delft Group heeft zijn inkomsten in de eerste helft van dit jaar flink zien stijgen. Dat kwam vooral doordat toeristen weer naar ons land kwamen en veel Delfts blauw en andere producten van het bedrijf kochten.  ( 3 min )
    Verkeerd geboorde gaten leiden tot leveringsproblemen Boeing 737 MAX
    Boeing heeft last van verkeerd geboorde gaten in nog te leveren 737 MAX-toestellen. Volgens de Amerikaanse vliegtuigbouwer heeft leverancier Spirit AeroSystems onjuist gaten geboord in een onderdeel dat de luchtdruk in de cabine regelt.  ( 3 min )
    Nieuwswaakhond ontdekt tientallen websites met door AI hergebruikt nieuws
    Er duiken steeds meer nieuwssites op die kunstmatige intelligentie (AI) gebruiken om razendsnel artikelen van gerenommeerde media te hergebruiken. De nieuwssites controleren de herschreven teksten nauwelijks. Daarmee ligt de verspreiding van nepnieuws en desinformatie op de loer.  ( 4 min )
    Landenblok BRICS wil uitbreiden met landen als Argentinië en Saoedi-Arabië
    Het landencollectief BRICS (Brazilië, Rusland, India, China en Zuid-Afrika) wil de samenwerking uitbreiden. Argentinië, Egypte, Ethiopië, Iran, Saoedi-Arabië en de Verenigde Arabische Emiraten mogen in 2024 ook lid worden.  ( 4 min )
    Gasprijs onderuit: daling van tientallen procenten in enkele dagen
    De handelsprijs voor gas is de laatste dagen met bijna 30 procent gezakt. Dit komt doordat stakingen bij belangrijke productielocaties voor vloeibaar aardgas in Australië waarschijnlijk zijn afgewend.  ( 3 min )
    Premies bij Achmea dreigen omhoog te gaan door klimaatverandering
    Door extreem weer kunnen de premies van verzekeringen bij Achmea de komende tijd oplopen. Onder meer Centraal Beheer, FBTO, Interpolis en Zilveren Kruis vallen onder het bedrijf.  ( 3 min )
    Personeelstekort neemt iets af, maar is nog steeds groot
    Drie kwart van de bedrijven heeft momenteel last van een tekort aan personeel. Dat is iets minder dan de 84 procent van een jaar geleden. De krappe arbeidsmarkt leidt er bij veel bedrijven toe dat de werkdruk toeneemt.  ( 3 min )
    Gasverbruik keldert in twee jaar met een derde
    Nederlandse huishoudens en bedrijven verbruikten in de eerste helft van dit jaar 15,7 miljard kuub gas. Dat is een derde minder dan in dezelfde periode twee jaar eerder. Ook in vergelijking met vorig jaar is sprake van een flinke daling: een min van 10 procent.  ( 3 min )
  • Open

    Boeing and Spirit AeroSystems Shares Drop as Defect Delays 737 MAX Deliveries
    Boeing and Spirit AeroSystems shares dropped as a 737 MAX quality problem delays deliveries and Boeing warned it could miss this year's delivery target.  ( 1 min )

  • Open

    Commercial Paper Funding Facility (CPFF) Definition
    The Commercial Paper Funding Program (CPFF) was designed to increase the liquidity of the commercial paper market by providing funding to issuers.  ( 20 min )
    Macroeconomic Stabilization Fund (FEM) Definition
    The Macroeconomic Stabilization Fund (FEM) was established by Venezuela to stabilize cash flow from oil production.  ( 20 min )
    Take Your Pick: These 30 CDs All Pay at Least 5.50%
    You now have a whopping 30 choices to lock in a CD rate of at least 5.50%, including a top nationwide rate of 5.75%. That's double the number available at the start of August.  ( 18 min )
    Single Entity Coverage
    Single entity coverage is a type of insurance policy that covers all real property in a condominium, including common areas and individual units.  ( 17 min )
    The Most Popular Terms of 2021
    Amid COVID-19's second year, the top financial terms for 2021 can be traced to economic concerns, Internet meme culture, and Britney Spears.  ( 27 min )
    What Is Marginalism in Microeconomics, and Why Is It Important?
    Find out why marginalism is such an important concept in microeconomic theory, and what economists mean by marginal utility or cost.  ( 21 min )
    Top CDs Today: 30 Options Now Offer a Top-Tier Rate
    Today's best CD rates are 5.85% on a jumbo option from One America Bank, and 5.75% for smaller deposits, offered by both Abound Credit Union and MapleMark Bank.  ( 19 min )
    S&P 500 Gains and Losses Today: Tech Stocks Shine as Treasury Yields Recede
    The S&P 500 gained 1.1% on Wednesday, Aug. 23, 2023, as tech stocks surged and Treasury yields dipped.  ( 16 min )
    Trade Act of 1974 Definition
    The Trade Act of 1974 passed to expand U.S. participation in international trade and reduce trade disputes through the reduction of barriers to trade.  ( 21 min )
    Block Header (Cryptocurrency): Definition and How It Works
    A block header is the unique identity of a particular block on a blockchain and is hashed by miners for rewards.  ( 18 min )
    Maldivian Rufiyaa (MVR): What it is, Example
    The Maldivian rufiyaa (MVR) is the national currency of the Republic of the Maldives.  ( 19 min )
    Remote Work is Here to Stay, And Employers Aren’t Happy About It
    Remote work is here to stay, whether employers like it or not—and, for the most part, they don’t.  ( 18 min )
    How to Buy r/Cryptocurrency Moons (MOON)
    r/CryptoCurrency Moons (MOON) is a digital currency that the r/Cryptocurrency Reddit forums use to reward users.  ( 21 min )
    Just One-Tenth of Americans Believe They Have Financial Freedom, Study Finds
    Only 11% of respondents said they are living their definition of financial freedom.  ( 17 min )
    Energy Improvement Mortgage Definition
    An energy improvement mortgage allows borrowers to qualify for additional loan funding for cost-effective energy efficiency improvements on a home.  ( 18 min )
    Small Corporate Offering Registration (SCOR) Definition
    A small corporate offering registration (SCOR) is a simplified means for smaller companies to raise capital by issuing shares.  ( 20 min )
    Car Title Loan Defined
    A car title loan is a type of short-term loan in which the borrower pledges their car as collateral. They are also known as auto title loans.  ( 21 min )
    Consumer Price Index (CPI) vs. Producer Price Index (PPI)
    Learn how the Consumer Price Index (CPI) and Producer Price Index (PPI) differ in the composition of their target sets of goods and services.  ( 20 min )
    Real Estate Market is Frozen, But New Home Sales are Booming
    Homebuilders are selling more, and cheaper new houses these days, the opposite of the trend in the market for existing homes where sales are slow and prices hitting record highs.  ( 18 min )
    Bancor: What it Means, Purpose, Criticisms
    Bancor blockchain protocol allows users direct zero/low fee conversion between different crypto coins.  ( 22 min )
    Half of Retired and Pre-Retired Americans Are Considering Working Longer
    Half of retired and pre-retired Americans are considering going back to work or delaying retirement, according to a recent survey, and the reasons aren't limited to finances.  ( 18 min )
    Use a Home Equity Loan to Alter Home to Stay in Place
    If you don’t have the cash, should you use the equity you have in your home to modify it so that you can stay in it longer?  ( 22 min )
    Dangerous Asset
    A dangerous asset is one which poses a risk of a liability to its owner.  ( 18 min )
    Agency Theory vs. Stakeholder Theory: What's the Difference?
    Agency theory and stakeholder theory are both used to understand and explain various types of relationships and challenges that can occur in business.  ( 20 min )
    5 Factors That Influence Competition in Microeconomics
    Find out what influences competition in microeconomics and how perfect competition, monopoly, and oligopoly vary in their competitive characteristics.  ( 21 min )
    Grab Shares Jump After Narrowing Losses on Cost-Cutting Moves
    Singapore-based e-commerce and ride-hailing company Grab narrowed its losses and forecast a smaller loss for the year, as cost-cutting measures paid off.  ( 19 min )
    Business Crime Insurance: What it is, How it Works, Impact
    Business crime insurance gives companies protection from damage from corporate crimes like fraud, embezzlement, theft, and others.  ( 19 min )
    Co-Tenancy Clause: What it is, How it Works, Landlord Conditions
    A co-tenancy clause in retail lease contracts allows tenants to reduce their rent if key tenants or a certain number of tenants leave the retail space.  ( 21 min )
    Tax Withholding: Good for Government, Bad for Taxpayers
    It's important to understand where that money coming out of your paycheck goes and why. After all, you earned it.  ( 24 min )
    How New Tax Changes Promote 529 Investments
    The most recent rounds of tax reform have expanded the benefits of 529 college savings plans.  ( 25 min )
    Markets Rise Midday as Tech Stocks Rally
    U.S. equity markets gained in midday trading on Wednesday, Aug. 23, 2023 as tech stocks rallied ahead of a key earnings report from Nvidia that could offer insight on the state of the AI industry.  ( 16 min )
    What Marginal Utility Says About Consumer Choice
    Learn how marginal utility influences consumer choice under the law of diminishing marginal utility and consumer decisions made on margins.  ( 22 min )
    Peloton Shares Plunge on Wider-Than-Expected Loss After Recall, Fall in Subscribers
    Peloton shares tumbled after reporting a wider-than-expected loss as falling subscriber numbers and recall costs impacted its results.  ( 17 min )
    What Is a Call Option and How to Use It With Example
    A call option is a contract that gives the option buyer the right to buy an underlying asset at a specified price within a specific time period.  ( 30 min )
    Mortgage Rates Keep Climbing to Record Heights
    Mortgage rates rose again, hitting new records not only for 30-year new purchase loans, but also for 15-year loans, 30-year jumbo loans, and 30-year refi mortgages.  ( 20 min )
    Can I Roll a Traditional IRA Into a 529 Plan for My Grandchild?
    You can't roll a traditional IRA into a 529 plan without paying taxes, but there are better options to help cover higher-education expenses.  ( 24 min )
    How Many Savings Accounts Should I Have?
    The right number of savings accounts will depend on your personal situation, and sometimes you can benefit from having more than one. Learn what factors to consider.  ( 23 min )
    More Than Half of Investors Comfortable Taking Advice From AI Sometimes
    Older investors tend to be more open to AI than younger investors when it comes to financial advice. A much smaller percentage of investors would implement this advice without running it by a human advisor.  ( 17 min )
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  • Open

    Take Your Pick: These 30 CDs All Pay 5.50% or Higher
    You now have a whopping 30 choices to lock in a CD rate of at least 5.50%, including a top nationwide rate of 5.75%. That's double the number available at the start of August.  ( 19 min )
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    4 reasons why investors should buy stocks now ahead of Nvidia earnings and Powell's Jackson Hole speech
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    GM to cut 940 jobs, cease IT operations in Arizona
    GM said in April about 5,000 salaried workers had taken buyouts to leave the automaker after it announced plans to cut costs by $2 billion this year. GM said around 80 to 90 employees working in software defined vehicle teams will remain in Arizona as it consolidates IT operations at its Michigan, Georgia and Texas facilities.  ( 30 min )
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    Investors know the pain of seeing some of their stocks tumble after an analyst downgrade, but stocks also can slide when analysts maintain previous ratings but slash previous stock price targets by 10% or 20%. As Wall Street grapples with the latest Federal Reserve meeting minutes that suggest more interest rate hikes could be forthcoming, droves of analysts have been slashing price targets on interest-sensitive stocks such as real estate investment trusts (REITs). Over the past week,18 price ta  ( 32 min )
    Snowflake Trounces Views On 36% Sales Growth; Shares Are Rising
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    The chip maker reported revenue of $13.5 billion for its latest quarter, well above analysts' expectation of $11.2 billion.  ( 27 min )
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    Nvidia's numbers are out, and the chipmaker has once again smashed Wall Street expectations. Here's what the company reported, versus what analysts expected, according to FactSet: Revenue: $13.51 billion, versus $11.19 billion expected. Earnings per share: $2.48 (GAAP) and $2.70 (non-G  ( 22 min )
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    Nvidia stock soars to record high as earnings, forecasts crush expectations
    Nvidia reported its second quarter earnings after the bell Wednesday.  ( 31 min )
    Nvidia forecast tops Wall Street expectations, $25 billion share buyback planned
    Shares of the Santa-Clara, California-based company rose 6.3% in trading after the bell. They have tripled this year, making the company the first ever trillion-dollar chip business as investors bet Nvidia will be the key beneficiary of the AI boom. Analysts have estimated that demand for Nvidia's prized AI chips is exceeding supply by at least 50%, adding that the imbalance will stay in place for the next several quarters.  ( 30 min )
    Elon Musk Teases Cybertruck 'Production Candidate' As Tesla Stock Rebound Hits Resistance
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    United Airlines in $30 million settlement with quadriplegic man's family
    United Airlines has agreed to a $30 million settlement after a deplaning incident left a quadriplegic man in a vegetative state, court papers show. The settlement with the family of Nathaniel Foster Jr, known as N.J., was disclosed on Tuesday in San Francisco federal court, and reached after one day of trial. It arose from the treatment of Foster, who had been using a wheelchair, ventilator and tracheal tube, as he and his family were disembarking from a Feb. 8, 2019 United Express flight to Monroe, Louisiana, where they had traveled to attend a funeral.  ( 30 min )
    Analyst Report: Lowe`s Cos., Inc.
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    Analyst Report: Southern Company
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    America's retailers and restaurants brace for a shock from student loan payments
    These retail and restaurant stocks face consumer headwinds once student loan repayments kick off.  ( 35 min )
    Volkswagen strikes direct supply deals for chips to avoid global shortage
    Volkswagen has begun purchasing strategically important chips it believes will be in short supply globally directly from 10 manufacturers including NXP Semiconductors, Infineon Technologies and Renesas Electronics the carmaker said on Wednesday. The German carmaker, which previously relied on its component suppliers to purchase chips, began striking direct deals with chipmakers last October to ensure its supply was secure, according to Karsten Schnake, head of a Volkswagen-wide taskforce for component supply founded in 2022. Volkswagen and Franco-Italian chipmaker STMicroelectronics announced plans last July to co-develop a new semiconductor, marking VW's first direct relationship with a second- and third-rank semiconductor supplier.  ( 30 min )
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    Stablecoins settled more value than PayPal processed in 2022, with dollar-pegged tokens approaching Visa-level payments volumes.  ( 26 min )
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    Stocks were higher on Wednesday afternoon with investors bracing for results from Nvidia after the bell.  ( 31 min )
    Treasury Yields Keep Rising. Japan Is One Big Reason.
    Longer-dated Treasury yields have been hitting the highest levels in more than a decade.  ( 26 min )
    Powell Is Using Jackson Hole as Final Push in Inflation Fight
    (Bloomberg) -- Federal Reserve Chair Jerome Powell is expected to map out final steps in the US central bank’s campaign to tame inflation, and reinforce its commitment to finishing the job, when he speaks Friday in Jackson Hole, Wyoming.Most Read from BloombergWagner Chief Prigozhin Listed Aboard Crashed Jet, Reports SayHuawei Building Secret Network for Chips, Trade Group WarnsQQQ Up in Late Hours on Nvidia’s Bullish Forecast: Markets WrapGoldman Is Cracking Down on Employees That Aren't in Off  ( 33 min )
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    Nvidia Bulls Look Exhausted Before Earnings. Watch This Stock Level.
    A lot hinges on Nvidia results, including the direction of the Nasdaq. Technical analysis of the chip maker's stock flashes a bearish warning, analyst says.  ( 26 min )
    Nvidia Stock Sold By Cathie Wood Ahead of Earnings, Buys More Zoom Shares
    The investor's ARK Innovation Fund dumped the stock in January, missing out on most of the chip maker's meteoric 212% rise so far in 2023.  ( 27 min )
    Landlords With $1.2 Trillion of Debt Face Rising Default Risks
    (Bloomberg) -- About $1.2 trillion of debt on US commercial real estate is “potentially troubled” because it’s highly leveraged and property values are falling, according to Newmark Group Inc.Most Read from BloombergHuawei Is Building a Secret Network for Chips, Trade Group WarnsGoldman Is Cracking Down on Employees That Aren't in Office Five Days a WeekMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysIndia First to Land Near Moon South Pole After Russia FailsBond Yields Sink as Wea  ( 31 min )
    Billionaire David Tepper Pours Millions Into These 2 ‘Strong Buy’ Stocks; Goldman Sachs Says They Offer Solid Upside — Here’s Why They Draw Plaudits Across the Board
    Anyone active in the stock market is looking for solid returns, but is often faced with a problem: how to cut through all the noise and reams of data in order to generate those gains. Seasoned market participants will say there are all kinds of different strategies to follow, but one of the most straightforward ones is to track the moves made by Wall Street’s investing legends. And hardly any come with a more stellar reputation than hedge fund manager David Tepper. The billionaire investor is th  ( 34 min )
    Broadcom CEO Hock Tan says $2B investment coming to VMware once acquisition closes
    "Broadcom will immediately invest an additional $2 billion a year to better unlock customer value,” CEO Hock E. Tan said.  ( 10 min )
    Nvidia stock rises ahead of highly anticipated quarterly results
    Nvidia stock was higher early Wednesday ahead of the company's highly-anticipated earnings report after the bell.  ( 31 min )
    Nvidia to report Q2 earnings amid Wall Street's sky high expectations
    Nvidia will report its second quarter earnings Wednesday, as Wall Street expectations rise.  ( 31 min )
    How to Use Mega Backdoor Roths to Save on Taxes
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    ‘Everybody Else Left or They Died:’ California Bank Grows Simply by Surviving
    (Bloomberg) -- From his office just outside Los Angeles, Dominic Ng watched as California banks fell like dominoes — first crypto-friendly Silvergate Capital Corp. down near San Diego in early March, then Silicon Valley Bank up north days later, followed by San Francisco’s First Republic Bank at the beginning of May.Most Read from BloombergHuawei Is Building a Secret Network for Chips, Trade Group WarnsGoldman Is Cracking Down on Employees That Aren't in Office Five Days a WeekMusk Told Pentagon  ( 33 min )
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    US economy near stalling point as consumer demand weakens, survey says
    U.S. business activity approached the stagnation point in August, with growth at its weakest since February as demand for new business in the vast service sector contracted. S&P Global said its flash U.S. Composite PMI index, which tracks manufacturing and service sectors, fell to a reading of 50.4 in August from 52 in July, the biggest drop since November 2022. While August's reading was the seventh straight month of growth, it was only fractionally above the 50 level separating expansion and contraction as demand weakened for both manufactured goods and services.  ( 30 min )
    Ask an Advisor: I Want to Roll Over My Money to a Roth IRA. How Do I Avoid Paying Taxes?
    If I have a tax-deferred 401(k). Can I convert it to a Roth IRA without paying the deferred taxes when I roll it over? -Tommy Generally, the answer here is no. There's typically no method to totally dodge taxes on … Continue reading → The post Ask an Advisor: I Want to Roll Over My Money to a Roth IRA. How Do I Avoid Paying Taxes? appeared first on SmartAsset Blog.  ( 32 min )
    Ask an Advisor: I Want to Give Money to My Son and Daughter-in-Law. How Much Money Can I Give Away Without ‘Incurring a Tax Issue With the IRS?'
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    Nvidia stock drifts ahead of highly anticipated quarterly results
    Nvidia stock was higher early Wednesday ahead of the company's highly-anticipated earnings report after the bell.  ( 31 min )
    Peloton stock crushed as seat post recall, subscriber losses hurt quarterly results
    Peloton stock was tanking in pre-market after posting a disappointing quarter and guidance.  ( 32 min )
    Stocks open higher ahead of Nvidia earnings: Stock market news today
    Stocks opened higher on Wednesday morning with investors bracing for results from Nvidia after the bell.  ( 30 min )
    How Roche's Accidental Cancer Update Lifted Iteos And Arcus More Than 30%
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    Ask an Advisor: ‘Prove Me Wrong.' I Think Investing in CDs Is a Better Deal Than Working With an Advisor
    Why hire a financial advisor who will take around 1% percent of your assets per year when you can get a certificate of deposit (CD) at over 5% with no fee? That alone amounts to a 6% return on your … Continue reading → The post Ask an Advisor: ‘Prove Me Wrong.' I Think Investing in CDs Is a Better Deal Than Working With an Advisor appeared first on SmartAsset Blog.  ( 33 min )
    Foot Locker stock crashes 30% as company cuts forecast again citing 'price-sensitive consumers'
    A weakening consumer environment continues to weigh on Foot Locker's turnaround strategy as the company expects comparable sales to decline at their highest levels in more than a decade.  ( 32 min )
    J&J Makes It Official: Kenvue Stock Swap Was a Huge Hit With Shareholders
    Johnson & Johnson investors were able to exchange less than a quarter of their shares for the consumer split off. The company will update financial guidance next week  ( 27 min )
    Nvidia stock rises in pre-market ahead of highly anticipated quarterly results
    Nvidia stock was higher early Wednesday ahead of the company's highly-anticipated earnings report after the bell.  ( 32 min )
    Abercrombie & Fitch Stock Soars as Earnings Smash Estimates. It Raises Outlook.
    The clothing retailer raises its outlook for full-year sales growth. Higher prices have helped.  ( 26 min )
    Dow Jones Futures Rise Ahead Of Economic Data; Tesla Skids On Output Cut; Nvidia Earnings Next
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    Peloton Stock Sinks After It Warns of Continued Losses
    Shares of Peloton are sinking in premarket trading after the fitness-equipment maker reported another decline in paying subscribers and said the costs of an equipment recall was denting its profit. The stock is down 27% in premarket trading. More on Peloton's results: [**Peloton Shares Pl  ( 21 min )
    Stock futures point to modest gains ahead of Nvidia earnings: Stock market news today
    Stock futures were higher on Wednesday with all eyes on Nvidia's results out after the bell.  ( 32 min )
    Advance Auto Parts Finance Chief Exits Amid Leadership Shakeup
    Jeff Shepherd has left the company; Tony Iskander named as interim CFO.  ( 25 min )
    Peloton Stock Sinks as Subscribers Fall and Recall Costs Exceed Expectations
    The company says the $40 million cost of a seat recall announced in May exceeded Peloton's initial expectations.  ( 26 min )
    Advance Auto Parts Earnings Miss Estimates. Why It’s a Warning for Ford.
    Earnings from auto parts distributors such as Advance Auto Parts just might be the canary in the coal mine. There is a limit to what people can pay to buy and maintain their vehicles.  ( 27 min )
    Macy's big warning on credit cards a big problem for some other retailers
    Investors should pay careful attention to what Macy's said about rising issues in its credit card business.  ( 33 min )
    Foot Locker Shares Sink 32% on Dividend Pause, Another Outlook Cut
    The company swung to a loss of $5 million, from a profit of $94 million in the year-ago quarter.  ( 26 min )
    You'll Have This Much Money In 10 Years If You Lock In 5.6% Now
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    Foot Locker Stock Plunges After Outlook Slashed and Dividend Suspended
    Foot Locker slashes its outlook for the second straight quarter and pauses its dividend as the shoe retailer grapples with a tough consumer backdrop.  ( 27 min )
    Analog Devices Stock Sinks on Weak Outlook. It’s Bad News for Chip Stocks.
    Analog Devices shares dropped on Wednesday after its quarterly guidance missed analysts' expectations. Other semiconductor companies with big industrial and automotive exposure were also falling.  ( 26 min )
    Investors Are Finally Making Money on Bonds and CDs. Be Prepared to Pay Taxes.
    As investors pile into various higher yielding investments, it’s important to know the big taxable differences between each type.  ( 25 min )
    Nike Is on a Record Losing Streak. It’s Not the Only Stock on a Bad Run.
    Investors in the sports retailer, Goldman Sachs, Charles Schwab, and several others will be hoping for some good news soon.  ( 26 min )
    Foot Locker lowers full-year outlook again, pauses dividend as 2Q sales fall on cautious consumers
    Foot Locker is cutting its full-year outlook again and pausing its quarterly dividend as sales dropped in its fiscal second quarter with consumers continuing to be more cautious about their purchases. The footwear and clothing retailer said quarterly sales declined to $1.86 billion from $2.07 billion. “We did see a softening in trends in July and are adjusting our 2023 outlook to allow us to best compete for price-sensitive consumers,” President and CEO Mary Dillon said in a statement.  ( 32 min )
    Kohl's earnings: Profits plunge more than 50% annually on weak sales as consumer angst persists
    Kohl's is feeling the brunt of consumers spending less.  ( 32 min )
    Chipmaker Analog Devices Misses Targets As Inventories Remain High
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    Daily Spotlight: S&P 500 Earnings Finally Poised to Grow
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    Technical Assessment: Neutral in the Intermediate-Term
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    Nvidia Bulls Look Exhausted Before Earnings, Analyst Says. The Stock Level to Watch.
    A lot hinges on Nvidia results, including the direction of the Nasdaq. Technical analysis of the chip maker's stock flashes a bearish warning, analyst says.  ( 27 min )
    5 Things to Know Before Markets Open
    Nvidia shares moved higher ahead of its earnings report and AMC shares dove as it prepares to convert preferred equity shares and execute a reverse stock split. Here’s what investors need to know today.  ( 18 min )
    Analyst Report: L3Harris Technologies Inc
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    Analyst Report: Markel Group Inc.
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    401(k) Contribution Limits Projected to Rise Again in 2024: How to Plan Ahead
    401(k) contribution limits should continue their upward climb in 2024, according to a recent projection by Mercer. However, easing inflation now means lower forecasts for 401(k) and other retirement plan contribution limits for next year. After rising substantially from $20,500 in 2022 to $22,500 for 2023, Mercer projects the annual cap to go up just […] The post 401(k) Contribution Limits Projected to Rise Again in 2024: How to Plan Ahead appeared first on SmartReads by SmartAsset.  ( 32 min )
    Tesla's German plant lowers production target amid slower output - Business Insider
    Tesla lowered the production target of its German plant to 4,350 a week in July and August after hitting 5,000 a week in March, and plans to reduce it further, according to a Business Insider report citing internal documents and anonymous sources. The U.S. carmaker had posted on X, the social media platform formerly known as Twitter, in late March that it hit 5,000 cars per week at the plant in Gruenheide near Berlin, but workers who declined to be named told Business Insider that this was a one-off and average output since then had been much lower, the article said. Tesla said in June it was hiring fewer temporary workers than it did in the beginning because they were no longer needed but that its production targets were on track.  ( 31 min )
    Daily – Vickers Top Buyers & Sellers for 08/23/2023
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    Daily – Vickers Top Insider Picks for 08/23/2023
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    Nvidia is dominating the AI chip race, but it's not the only AI play: Morning Brief
    Nvidia's results after the bell today are hotly anticipated. Other companies in the semiconductor ecosystem are trying to monetize new AI demand, but they're not yet coming close in magnitude.  ( 33 min )
    Professor behind recession indicator with a perfect track record says it remains 'way too early' to call off a US economic downturn
    While some say recession worries should be abating, the creator of the inverted-yield curve believes a recession is still coming.  ( 34 min )
    Recession Fears Have Been ‘Blown Out of the Water,’ Long-Serving Fed President Says
    Former St. Louis Fed chief James Bullard warns that stronger growth will require even higher rates.  ( 27 min )
    Nvidia Earnings Will Gauge Strength of AI Boom
    Expectations are lofty, but concerns about China and the supply chain remain.  ( 27 min )
    These Stocks Are Moving the Most Today: Nvidia, Toll Brothers, Urban Outfitters, Apellis, AMC, and More
    Nvidia's highly anticipated second-quarter earnings are scheduled for after the closing bell Wednesday, Toll Brothers reports earnings and revenue that top Wall Street expectations, and sales at Urban Outfitters set a record.  ( 27 min )
    Nvidia Stock Sold By Cathie Wood Ahead of Earnings, Buys More Zoom Shares
    The investor's ARK Innovation Fund dumped the stock in January, missing out on most of the chip maker's meteoric 212% rise so far in 2023.  ( 27 min )
    EUR/USD to Fall to 1.03 in 12 Months, Danske Bank Says
    Sterling and gilt yields drop after provisional U.K. purchasing managers’ data showed contractions in both manufacturing and services sector activity in August.  ( 24 min )
    U.S. Stock Futures Rise with Nasdaq Leading Ahead of Nvidia Results
    U.S. stock markets were looking to rebound on Wednesday after losses the previous day, with results from chipmaker Nvidia taking center stage. Dow Jones Industrial Average futures were up 110 points, or 0.3%, early on Wednesday. S&P 500 futures were up 0.5% and Nasdaq 100 futures were climbing 0.7%  ( 11 min )
    Is Nvidia the New Tesla? Options Traders Place Their Bets
    Investors are wagering that the furious rally in Nvidia shares will continue after Wednesday’s earnings report.  ( 28 min )
    Investors Say They’ll Stick With Gold as Fed Cycle Nears End
    (Bloomberg) -- Gold isn’t losing its allure, according to a dozen money managers who all told Bloomberg News they expect to maintain or raise their exposure to the precious metal in the coming twelve months.Most Read from BloombergMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysGoldman Is Cracking Down on Employees That Aren't in Office Five Days a WeekBorrowers With $39 Billion in Student Loans Finally See ReliefStocks Fail to Catch a Bid Before Nvidia’s Results: Markets WrapBulli  ( 32 min )
    Investors dump major China stocks in record sell-off - latest updates
    Global investors have been offloading China’s flagship stocks in a record-selling streak, showing even the nation’s industry leaders are falling out of favour amid concerns for the economy.  ( 31 min )
    7% Dividend Yields: The 6 Best Payouts in the S&P 500
    Money-market funds and Treasury bills are offering competition for high-dividend stocks with short-term rates above 5%, but they aren't the only game in town.  ( 26 min )
    Global Funds Abandon China Blue Chips in $9.3 Billion Selloff
    (Bloomberg) -- Global investors have been shedding China’s blue-chip stocks in what’s been a record-selling streak, showing even the nation’s industry leaders are falling out of favor as a rout deepens. Most Read from BloombergMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysGoldman Is Cracking Down on Employees That Aren't in Office Five Days a WeekBorrowers With $39 Billion in Student Loans Finally See ReliefStocks Fail to Catch a Bid Before Nvidia’s Results: Markets WrapForeign i  ( 32 min )
    Investors look to AI-darling Nvidia's earnings as US stocks rally wobbles
    Bullish investors are hoping Wednesday's earnings report from chip heavyweight Nvidia can rejuvenate a U.S. stocks rally that has stumbled in recent weeks. Nvidia shares have tripled in 2023, underscoring how a rebound in megacap stocks and excitement over the business potential of artificial intelligence have helped propel the S&P 500 to a 14% gain this year. The chipmaker’s year-to-date increase has led gains among the so-called Magnificent Seven group of megacap stocks, which also include Apple and Microsoft.  ( 33 min )
    Bitcoin below US$26,000 with a new low of US$20,000 in the cards
    Bitcoin fell Wednesday morning in Asia to trade below US$26,000. Ether also dropped as all other top 10 non-stablecoin tokens traded flat to lower.  ( 32 min )
    Buyout firm Roark sets conditions to clinch $9 billion-plus Subway deal-sources
    Private equity firm Roark Capital is in the lead to acquire sandwich chain Subway for well over $9 billion after attaching conditions to some of the windfall the two families that own it will get, people familiar with the matter said on Tuesday. These conditions, known as an earn-out, defer payment on part of the deal consideration, the sources said. For the full price to be paid, Subway's cash flow would need to reach certain milestones over a specified period after the deal closes, the sources added.  ( 32 min )
    Dow Jones Futures: Nvidia Earnings Are Everything For The Market Rally Attempt, These AI Stocks
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  • Open

    S&P 500 Gains and Losses Today: Tech Stocks Shine as Treasury Yields Recede
    The S&P 500 gained 1.1% on Wednesday, Aug. 23, 2023, as tech stocks surged and Treasury yields dipped.  ( 1 min )
    Markets Rise Midday as Tech Stocks Rally
    U.S. equity markets gained in midday trading on Wednesday, Aug. 23, 2023 as tech stocks rallied ahead of a key earnings report from Nvidia that could offer insight on the state of the AI industry.  ( 1 min )
    5 Things to Know Before Markets Open
    Nvidia shares moved higher ahead of its earnings report and AMC shares dove as it prepares to convert preferred equity shares and execute a reverse stock split. Here’s what investors need to know today.  ( 1 min )
  • Open

    Gasverbruik keldert in twee jaar met ruim een derde
    Nederlandse huishoudens en bedrijven verbruikten in de eerste helft van dit jaar 15,7 miljard kuub gas. Dat is ruim een derde minder dan in dezelfde periode twee jaar eerder. Ook in vergelijking met vorig jaar is sprake van een flinke daling: een min van 13 procent.  ( 3 min )
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    Als het demissionaire kabinet niet ingrijpt, betalen automobilisten in 2024 fors meer aan de pomp. De accijnzen stijgen en worden ook aangepast aan de inflatie. Een liter benzine kost dan straks 21 cent extra en een liter diesel 13 cent.  ( 3 min )
    NU+ | Hogere huizenprijzen plagen starters opnieuw, vooral belegger profiteert
    De huizenprijzen stijgen weer, bleek dinsdag uit cijfers van statistiekbureau CBS en het Kadaster. De prijs van een koophuis was in juli gemiddeld 0,5 procent hoger dan een maand eerder. Wat betekent dat voor starters op de woningmarkt?  ( 4 min )
    Flitsbezorger Getir vertrekt uit zes steden omdat er te weinig wordt besteld
    Getir is straks in minder Nederlandse steden beschikbaar. Het boodschappenbezorgbedrijf stopt in Breda, Delft, Eindhoven, Groningen, Leiden en Tilburg. Verder wordt een deel van de locaties in Amsterdam gesloten. Het Turkse bedrijf kondigde eerder al krimpplannen in andere landen aan.  ( 3 min )
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    De huizenprijzen stijgen weer, bleek dinsdag uit cijfers van statistiekbureau CBS en het Kadaster. De prijs van een koophuis was in juli gemiddeld 0,5 procent hoger dan een maand eerder. Wat betekent dat voor starters op de woningmarkt?  ( 4 min )
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    De zogenoemde BRICS-landen onderzoeken de invoering van een gezamenlijke munt voor onderlinge handel. De Braziliaanse president Luiz Inácio Lula da Silva hield daar op een top een pleidooi voor. Het doel is om minder afhankelijk te worden van de Amerikaanse dollar.  ( 4 min )
    India levert historische prestatie door als vierde land op de maan te landen
    India mag zich het vierde land ter wereld noemen dat succesvol op de maan is geland. De Indiase maanlander landde woensdag iets na 14.30 uur op de zuidpool van de maan.  ( 4 min )
    Belastingdienst deed onterecht onderzoek naar giften aan Haagse moskee
    De Belastingdienst heeft onterecht onderzoek gedaan naar mogelijk gesjoemel met giften aan de Haagse As-Soennah-moskee, schrijft NRC woensdag. De rechter kan niet uitsluiten dat de fiscus heeft gediscrimineerd.  ( 4 min )
    VanMoof had schuld van 144 miljoen euro bij bankroet
    Toen VanMoof vorige maand failliet ging, had de fietsenfabrikant een schuld van 143,8 miljoen euro. Dat bevestigt curator Jan Padberg na berichtgeving van het FD. De schuld is fors hoger dan de jaaromzet, die in 2021 op ongeveer 80 miljoen euro uitkwam.  ( 4 min )
    NU+ | Russische maanmissie crasht: waarom gaan maanlandingen nu nog mis?
    De eerste Russische maanlandingsmissie in 47 jaar is afgelopen weekend mislukt. Jullie vroegen op ons NUjij-reactieplatform waarom maanlandingen ondanks ruim vijftig jaar ervaring toch mis blijven gaan. Ruimtevaart is en blijft een groot experiment, zegt een expert.  ( 4 min )
    VanMoofs schuld was met 144 miljoen euro flink hoger dan de omzet
    Toen VanMoof vorige maand failliet ging, had de fietsenfabrikant een schuld van 143,8 miljoen euro. Dat bevestigt curator Jan Padberg na berichtgeving van het FD. De schuld is fors hoger dan de jaaromzet, die in 2021 op ongeveer 80 miljoen euro uitkwam.  ( 4 min )
    Winkelverkopen dalen waarschijnlijk voor het eerst in tien jaar
    Sinds de kredietcrisis zijn we elk jaar meer in de winkel gaan kopen, maar in 2023 komt daar waarschijnlijk verandering in. Door de inflatie houdt de consument de hand op de knip, waardoor de winkelverkopen volgens ING 2 procent lager uitvallen: de eerste daling in tien jaar.  ( 3 min )
    India doet tweede poging om op zuidpool van de maan te landen
    India doet woensdagmiddag een nieuwe poging om een maanrover op de maan te laten landen. Als dat lukt, is India het vierde land ooit dat hierin slaagt. Het is eerder alleen de voormalige Sovjet-Unie, de Verenigde Staten en China gelukt.  ( 4 min )
    Uitbreiding lng-terminal Rotterdam moet helpen Russisch gas te vervangen
    De Gasunie breidt haar lng-terminal in de Rotterdamse haven verder uit. Dit moet ervoor zorgen dat ons land meer lng (vloeibaar aardgas) kan invoeren. Lng wordt gezien als een belangrijke vervanger van Russisch aardgas.  ( 3 min )
    Maker van coronaprik Janssen wil vaccinafdeling in Leiden sluiten
    De Belgische farmaceut Janssen is van plan zijn afdeling voor vaccinontwikkeling in Leiden te sluiten. Daardoor staan er mogelijk banen op de tocht, al is niet duidelijk om hoeveel arbeidsplaatsen het gaat. Dat heeft het bedrijf bevestigd na berichtgeving van De Telegraaf.  ( 3 min )
  • Open

    Grab Shares Jump After Narrowing Losses on Cost-Cutting Moves
    Singapore-based e-commerce and ride-hailing company Grab narrowed its losses and forecast a smaller loss for the year, as cost-cutting measures paid off.  ( 1 min )
    Foot Locker Shares Sink After Reporting Falling Sales as Shoppers Pull Back
    Foot Locker shares plunged after the retailer reported sales fell as inflation-weary shoppers spent less on the company's apparel and footwear.  ( 1 min )
    UPS Workers Approve $30 Billion Labor Contract, Averting Strike
    UPS workers ratified a deal worth $30 billion in wage increases and other benefits, ending contentious negotiations and the threat of a strike.  ( 1 min )
    Peloton Shares Plunge on Wider-Than-Expected Loss After Recall, Fall in Subscribers
    Peloton shares tumbled after reporting a wider-than-expected loss as falling subscriber numbers and recall costs impacted its results.  ( 1 min )

  • Open

    Seeking up to 9% Dividend Yield? Here Are 2 Dividend Stocks Billionaire Bill Miller Is Holding for Income Growth
    The markets have been exhibiting some wobbly tendencies recently, with the strong rally seen in the first half of the year appearing to have wilted a bit under the summer sun. Fear not, however, appears to be the advice of one prominent stock picker. With US inflation falling to 3% recently compared to last summer’s 9%, and with GDP growth in the last quarter coming in at 2.4%, famous value investor Bill Miller, whose net worth is valued at $1.4 billion, thinks the rest of the year looks pretty  ( 34 min )
    The AI boom will power 2 big stock market trades over the next decade, Goldman Sachs says
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    Graphite Wars: The Trillion Dollar Battery Race Has A Big Problem
    The first commercial production of graphite in North America could be just 12 months away, a moment that will transform global electric vehicle supply chains forever.  ( 41 min )
    The Race to Ditch Russian Uranium Starts in New Mexico’s Desert
    (Bloomberg) -- In a remote, dusty corner of New Mexico, so near to the Texas border that if you wander too close your smartphone changes time zones, sits a pristine factory that is the best chance for the US to wean itself off an addiction that few knew it had: uranium enriched in Russia.Most Read from BloombergMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysHuawei Is Building a Secret Network for Chips, Trade Group WarnsGoldman Is Cracking Down on Employees That Aren't in Office F  ( 37 min )
    Vanguard’s Tax-Busting Fund Design Is Getting Its Latest Revamp
    (Bloomberg) -- Vanguard Group has famously stood apart in the money-management world with its popular mutual funds offering the liquid ETF wrapper.Most Read from BloombergMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysHuawei Is Building a Secret Network for Chips, Trade Group WarnsGoldman Is Cracking Down on Employees That Aren't in Office Five Days a WeekStocks Fail to Catch a Bid Before Nvidia’s Results: Markets WrapBorrowers With $39 Billion in Student Loans Finally See ReliefN  ( 31 min )
    CD Rates Climb to New Record in Every Term. Will They Go Even Higher?
    CD rates are still rising—and have set a record in every term—according to newly released national averages from the FDIC. How much longer will this party last?  ( 19 min )
    Top CDs Today: 5.85% Jumbo CD Is New National Leader
    Today's best CD rate is a 5.85% jumbo option from One American Bank. For smaller deposits, the top rate is 5.75% from either Abound Credit Union or MapleMark Bank.  ( 21 min )
    Fabrinet Stock Soars 32% to a New High. Wall Street Sees an AI Opportunity.
    The contract electronics manufacturer stock is on pace for a new closing high.  ( 27 min )
    VinFast Stock Soars 109%. It’s a Head-Scratcher.
    Shares of electric-vehicle start-up VinFast are surging. The newly public company is worth more than Ford Motor and General Motors.  ( 26 min )
    Oil M&A Is Changing. 5 Possible Buyout Targets.
    Investors in acquired oil companies are being rewarded with the promise of steady cash flows and dividends over time, instead of hats full of cash.  ( 26 min )
    Teamsters Vote in Favor of UPS Deal. It Could Affect Lots of Stocks.
    The favorable vote on a new contract with the logistics company is good news for a variety of businesses.  ( 27 min )
    Here's why stocks have tanked in August and what Wall Street expects to happen next
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    Student loans: Biden officially launches new, affordable payment plan
    The new plan improves on an earlier income-driven repayment plan by lowering monthly payments, providing faster forgiveness for some, and preventing balances from growing due to unpaid interest.  ( 33 min )
    J&J’s Exchange Offer for Kenvue Is Tricky From a Tax Standpoint. What to Do.
    J&J holders who participated in the exchange offer can choose which J&J shares they want to use for their cost basis in Kenvue.  ( 26 min )
    George Soros Bets Big On Electric Vehicles, Bitcoin, Pharmaceuticals And Consumer Internet Providers, According To Latest Filings
    Billionaire philanthropist George Soros, while polarizing, has made some of the most successful trades in history. His fund has averaged a roughly 30% yearly return since inception. Soros made bets on Tesla Inc. as early as 2018 and ventured into cryptocurrency the same year. According to the billionaire's latest 13F filings, he is making other interesting bets going into the second half of 2023. See more on startup investing from Benzinga: Until 2016 it was illegal for retail investors to inves  ( 31 min )
    Republic First shares plunge on news it will be delisted by Nasdaq
    The move is effective Wednesday and is the result of embattled Philadelphia bank failing to file its 2022 annual report.  ( 12 min )
    T-Bill Yields to Climb Further With Foreign Money Steering Clear
    (Bloomberg) -- Foreign investors are selling short-dated Treasuries, which suggests there’s more room for yields to rise as some buyers step back from paper that’s considered expensive. Most Read from BloombergMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysBorrowers With $39 Billion in Student Loans Finally See ReliefS&P Joins Moody’s in Cutting US Banks Amid ‘Tough’ ClimateHong Kong Investor Starts Property Fire Sale After Wife ArrestedThere’s been renewed selling in the less-tha  ( 31 min )
    Nvidia’s Earnings Don’t Matter. Future AI Chip Supply Is Everything.
    Nearly everyone realizes demand for the company's artificial intelligence chips will likely outstrip supply for a while.  ( 26 min )
    Nvidia options show traders positioned for outsized share move after earnings
    Traders in the U.S. equity options market are expecting a larger-than-usual swing in Nvidia's shares following the chipmaker's quarterly results after the close on Wednesday, options market data showed. Nvidia options imply a nearly 11% swing for the shares, in either direction, by Friday, according to Trade Alert data. A move of that magnitude would be larger than the 8.6% average swing on the day after the chipmaker's results over the last eight quarters, but still well below the 24.4% jump after the last earnings report.  ( 31 min )
    Schwab Selling $2.35 Billion Bond Amid Job, Real Estate Cuts
    (Bloomberg) -- Charles Schwab Corp. is looking to raise fresh debt in the US investment-grade bond market, after revealing plans to cut jobs and close or downsize offices to curb costs. Most Read from BloombergMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysBorrowers With $39 Billion in Student Loans Finally See ReliefS&P Joins Moody’s in Cutting US Banks Amid ‘Tough’ ClimateQuant Trader Doubles Fortune to $11 Billion as XTX Profit SurgesThe financial services firm brought a benchm  ( 31 min )
    Analyst Report: Sun Life Financial, Inc.
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    Market Update: PSA, SLF, PANW, WRK
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    Analyst Report: Palo Alto Networks Inc
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    Analyst Report: WestRock Co
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    Analyst Report: Public Storage
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    Elon Musk's SpaceX Rockets To $140 Billion Valuation Following Recent Share Sales By Investors Adding $61 Billion To Musk's Net Worth
    The race to space exploration has been heating up, with Elon Musk's SpaceX making significant strides in the sector. The private company is valued at approximately $150 billion after a recent share sale by investors. Musk is speculated to own roughly 44% of the company. The company reached an agreement with both new and existing investors to offer up to $750 million in stock from insiders at a price of $81 per share last month, valuing it at approximately $140 billion, according to a document se  ( 33 min )
    Wall Street is declaring victory too early — the US is still headed for a recession
    Leading economists say the threat of recession has passed, but there's a lot of reasons to think the worst is yet to come.  ( 36 min )
    VinFast shares more than double to highest since market debut
    In the latest volatile session since its backdoor listing last week, VinFast's stock was last up 127% at $40.24, giving it a market capitalization of $95 billion. Last Tuesday, the cash-burning company soared as it started trading on the U.S. stock market with an opening price of $22 following its tie-up with SPAC partner Black Spade Acquisition. With 99% of the EV firm controlled by founder Pham Nhat Vuong, the tiny amount of publicly available shares has made the stock prone to volatility.  ( 31 min )
    Schwab Plans Layoffs, Offices Closures in Effort to Rein in Costs. Investors Still Aren’t Happy.
    The stock is down about 32% this year, and fell again on Tuesday after Schwab outlined plans to rein in expenses.  ( 26 min )
    30-Year Mortgage Rates Jump to New High
    Rates on 30-year mortgages jumped almost a tenth of a point, setting a new 21-year high average. Rates on most other loan types were essentially flat.  ( 22 min )
    Kelcy Warren purchases nearly $40 million in Energy Transfer shares
    The move follows the company's recent announcement that it plans to acquire Crestwood Equity Partners in a $7.1 billion deal.  ( 9 min )
    Bullish Nvidia Bets Explode Ahead of Earnings
    There's a rush into Nvidia options ahead of the chip maker's earnings tomorrow, with many traders eyeing trades that would profit if the shares kept soaring. Some of the most popular trades early Tuesday are calls tied to the shares jumping to $500 or even $700, Cboe Global Markets data show. Calls  ( 21 min )
    Putin Tells Government, Central Bank to Control Capital Outflow
    (Bloomberg) -- President Vladimir Putin demanded steps to control the outflow of capital from Russia and to reduce volatility in financial markets, warning of the threat from rising prices following the slump in the ruble.Most Read from BloombergMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysGoldman Is Cracking Down on Employees That Aren't in Office Five Days a WeekBorrowers With $39 Billion in Student Loans Finally See ReliefStocks Fail to Catch a Bid Before Nvidia’s Results: Ma  ( 31 min )
    3M picks a leader for health care spinoff, names new president
    3M announced three leadership changes Tuesday as it prepares to spin off its health care division into an independent company.  ( 11 min )
    EV Stock VinFast Surges in Another Wild Session
    Shares of VinFast jumped roughly 88% on Tuesday, continuing a streak of big swings in trading since the electric-vehicle stock debuted on the Nasdaq last week. VinFast more than tripled in its public debut, then fell for three straight sessions. The stock is still up more than 200% since VinFast's  ( 21 min )
    Charles Schwab Stock Falls After Cost-Cutting Announcement
    A new plan to trim expenses has Charles Schwab shares selling off. The stock is down 4% on Tuesday morning, after the brokerage firm said Monday it aims to save $500 million annually by [reducing its office space and trimming headcount](https://www.wsj.com/livecoverage/stock-market-today-dow-jones-  ( 22 min )
    EV Stock VinFast Is Soaring Again. It Makes No Sense.
    Shares of electric-vehicle start-up VinFast are surging. The newly public company is worth more than Ford Motor and General Motors.  ( 26 min )
    'ChatGPT Does 80% Of My Job' — How AI Enables People To Work Second And Third Jobs
    A new breed of overemployed workers has emerged, turning to artificial intelligence (AI)-powered language models like ChatGPT to handle a significant portion of their job responsibilities. "ChatGPT does like 80% of my job," stated one worker, while another, currently holding down four robot-performed jobs, says, "Five would be overkill." As the popularity of AI-powered tools like ChatGPT continues to soar, concerns are growing about the impact on the global job market. With the potential for job  ( 33 min )
    Two-Year Treasury Yields at 5% Is ‘Pain Trade’ for Banks, TD Says
    (Bloomberg) -- While higher interest rates can juice profits for a slew of lenders, a senior TD Securities strategist warns that the relentless jump in borrowing costs threatens to create fresh problems for the banking sector. Most Read from BloombergMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysBorrowers With $39 Billion in Student Loans Finally See ReliefS&P Joins Moody’s in Cutting US Banks Amid ‘Tough’ ClimateHong Kong Investor Starts Property Fire Sale After Wife ArrestedThe  ( 31 min )
    3M Makes Management Moves Ahead of Spinoff. Investors Are Still Nervous.
    The materials company named a CEO for its healthcare business and added some responsibilities for its CFO.  ( 27 min )
    S&P just downgraded some big banks. Here are the 5 that are impacted.
    Move to cut the lenders' credit rating comes only weeks after Moody's slashed its ratings on several banks.  ( 33 min )
    Nvidia Earnings or Powell’s Jackson Hole Speech? What’s More Important for Markets.
    Nvidia earnings have the potential to keep the tech rally going, but investors shouldn't forget the markets mantra: Don't fight the Fed.  ( 27 min )
    Nvidia's Hot Streak Before Earnings Is Unusually Strong
    Nvidia stock is selling off on Tuesday, but the recent rally in shares ahead of Wednesday’s earnings shows that investors are still pretty enthusiastic. The stock is up 6.8% since Aug. 16, according to FactSet. If that holds up through tomorrow’s close, it will be the second-strongest rally in the  ( 22 min )
    ‘Load Up,’ Says Goldman Sachs About These 2 ‘Strong Buy’ Stocks
    Riding the wave of positive economic developments in 2023, investors have significantly increased their exposure to the stock market this year. The evidence is in the data, as pointed out by Goldman Sachs’ Chief US Equity Strategist, David Kostin. The investment firm’s US Equity Sentiment Indicator rebounded from -1.8 in December to +1.5 in July. However, during August, the bears have been trying to regain a foothold, and over the past week, that metric has fallen to +0.8. Now, Kostin says that  ( 34 min )
    U.S. Steel CEO to employees: 'Continue to focus on what you can control'
    United States Steel Corp. CEO David B. Burritt sent a letter to employees Tuesday, thanking them for staying focused as the board of directors and upper management consider offers to sell the company.  ( 10 min )
    Tesla Rebound Hits Resistance As Another Executive Steps Down
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    Dick's Sporting Goods stock tanks as retail thieves snatch profits
    Retail crime weighed on Dick's Sporting Goods profits in the second quarter and has the retailer lowering its outlook for the full-year.  ( 34 min )
    Broadcom: One Chart Explains the Mega-Rally
    Broadcom, Inc. (AVGO) shares have jumped 54% in 2023. This uptrend is being powered by mega appetite for the stock.  ( 31 min )
    IBM Agrees to Sell Weather Business
    Francisco Partners has agreed to acquire The Weather Company assets, including the popular Weather.com platform, from International Business Machines.  ( 25 min )
    Medtronic Beats Quarterly Expectations; Why It's Time To Embrace The 'Long-Term View'
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    S&P downgrades show some regional banks still face rising pressures
    The agency lowered ratings for several mid sized banks in a new reminder of the challenges facing the industry.  ( 33 min )
    3M names Bryan Hanson as CEO of its health care business
    3M in July disclosed plans to spin off its healthcare business into a listed company, in which 3M would retain a stake of 19.9%. Hanson would join 3M on Sept. 1 as CEO of Health Care Business Group, the company said.  ( 31 min )
    Arm Has Ambitions to Be the Next Nvidia. Why the Battle for AI Is Key.
    Arm Holdings is preparing for its IPO and the model for its success will be Nvidia - an AI chip favorite. But there are potential concerns about Arm's exposure to China and the smartphone market, warn analysts.  ( 27 min )
    Nvidia stock hype is out of control, meaning investors may be overlooking this one key risk
    The bulls on Nvidia should keep something in mind: product availability.  ( 33 min )
    You're An Amazing Stock Picker If You Bought These 8 Stocks This Month
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    These Are The 5 Best Stocks Of The Year; Some You May Not Recognize
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    Baidu's Q2 Earnings: Strong Growth, Beats Expectations, Says Well-Positioned To Capitalize on AI
    Baidu, Inc (NASDAQ: BIDU) reported a second-quarter FY23 revenue growth of 15% year-on-year to $4.697 billion, beating the consensus of $4.570 billion. Baidu's Non-GAAP earnings per ADS of $3.11 beat the consensus of $2.32. Segments: Baidu's Core revenue increased 14% Y/Y to $3.64 billion; Online marketing revenue improved 15% Y/Y to $2.71 billion. Non-online marketing revenue grew 12% Y/Y to $937 million, driven by cloud and other AI-powered businesses. Revenue from IQIYI, Inc (NASDAQ: IQ) incr  ( 31 min )
    Macy's earnings beat estimates, but execs send warning signal on health of America's shoppers
    Macy's may have beat estimates, but it's taking a cautious outlook for the rest of the year.  ( 33 min )
    Daily Spotlight: Yield Curve Shifts Higher
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    Macy's discounted spring goods amid cautious spending in 2Q, but results beat Wall Street views
    Macy’s swung to a loss and reported a sales decline in the second quarter as worries about inflation continue to make shoppers pull back on clothing and other discretionary purchases. Macy's reaffirmed its annual sales and profits forecasts, noting uncertainty about the economy in the second half. Macy’s is one of the last remaining retailers to report second-quarter results in an earnings season that shows how still high inflation, despite some easing, is forcing shoppers to continue to cut back on discretionary items like clothing in order to afford their larger grocery bills.  ( 32 min )
    Microsoft adjusts its Activision deal in a bid to win UK approval
    A restructured proposal from the tech giant would transfer streaming rights for all Activision games over the next 15 years to Ubisoft.  ( 33 min )
    Analyst Report: Deere & Co.
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    Analyst Report: United Parcel Service, Inc.
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    Analyst Report: Brighthouse Financial Inc
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    You May Need to Rethink Where Your Retirement Income Will Come From
    A growing number of workers report that their primary source of retirement income will come from their 401(k) workplace savings plan, according to a new retirement study from Schwab. In 2022, workers said 37% of their retirement money would come from 401(k) cash. That figure has now risen to 40% of workers. Consider working with […] The post You May Need to Rethink Where Your Retirement Income Will Come From appeared first on SmartReads by SmartAsset.  ( 32 min )
    Lowe’s Beats Earnings Expectations, Sticks to Full-Year Guidance. The Stock Jumps.
    The company reports earnings per share of $4.56 in the quarter, beating FactSet expectations for $4.47.  ( 26 min )
    Market Digest: DE, UPS, WBD, BHF
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    Nvidia shares rise as AI boom lifts hopes of another strong revenue forecast
    Rising hopes of Nvidia's revenue target once again surpassing Wall Street estimates have fueled a 16.5% surge in shares over the past week. Wall Street expects Nvidia, which dominates the market for chips used to power generative AI like ChatGPT and many such services, to forecast 110% growth in third-quarter revenue to $12.50 billion when it reports results on Wednesday. Nvidia's blowout forecast last quarter had also sparked a rally in AI-stocks as well as Big Tech, making it one of the key drivers for the U.S. stocks rally this year.  ( 31 min )
    Baidu’s Second-Quarter Net Profit Rose 43% on Marketing, Video-Streaming Growth
    Baidu said second-quarter net profit climbed, thanks to growth in online-marketing and video-streaming services.  ( 26 min )
    Uber CEO Dara Khosrowshahi reveals his ‘nightmare’ moonlighting as an Uber driver
    Dara Khosrowshahi took to the streets of San Francisco to give passengers rides and deliver Uber Eats orders.  ( 33 min )
    The stock market has a 'real' problem: Morning Brief
    The stock market has been pressured by the bond market of late. And an oft-overlooked part of the Treasury market could be fueling the move.  ( 31 min )
    Daily – Vickers Top Insider Picks for 08/22/2023
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    Daily – Vickers Top Buyers & Sellers for 08/22/2023
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    Microsoft Submits New Activision Deal to U.K. Regulator. Why It’s a Surprise.
    As part of the deal, Microsoft would sell the non-European streaming rights to Activision games to Ubisoft.  ( 26 min )
    Baidu Stock Jumps as China’s Google Posts Huge Earnings Beat, Cuts Through Macro Gloom
    Strong results at Baidu cut through macroeconomic concerns over China that have recently weighed on the country's stocks.  ( 27 min )
    New U.S. Buyback Tax Hits Companies With $3.5 Billion Burden
    Companies are disclosing the impacts of the 1% tax on share repurchases.  ( 26 min )
    Is Nvidia the New Tesla? Options Traders Place Their Bets
    Investors are wagering that the furious rally in Nvidia shares will continue after Wednesday’s earnings report.  ( 27 min )
    Baidu Sales Beat Estimates in Good Sign for Internet Economy
    (Bloomberg) -- Baidu Inc.’s revenue rose its most in more than a year, joining China’s largest internet companies in rediscovering growth after Beijing relaxed its grip on the private sector to try and jumpstart a faltering economy.Most Read from BloombergMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysBorrowers With $39 Billion in Student Loans Finally See ReliefQuant Trader Doubles Fortune to $11 Billion as XTX Profit SurgesS&P Joins Moody’s in Cutting US Banks Amid ‘Tough’ Clima  ( 33 min )
    Sudden Rally in China Stocks Has Traders Scratching Their Heads
    (Bloomberg) -- Chinese stocks staged a sudden rally late on Tuesday, with several traders attributing the rebound to technical reasons in the absence of any fresh triggers.Most Read from BloombergMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysBorrowers With $39 Billion in Student Loans Finally See ReliefQuant Trader Doubles Fortune to $11 Billion as XTX Profit SurgesS&P Joins Moody’s in Cutting US Banks Amid ‘Tough’ ClimateIn Hong Kong, the Hang Seng Index climbed nearly 2% within  ( 31 min )
    Housing market affordability is worse now than at the height of the housing bubble in 2006
    Housing affordability, as monitored by the Atlanta Fed, has already deteriorated beyond the levels seen at the housing bubble's peak in 2006.  ( 32 min )
    China Ramps Up Fight With Yuan Bears to Stop Selloff Spiraling
    (Bloomberg) -- China is extending two lines of currency defense to support the yuan, pushing up funding costs in the offshore market and battling back once more with a stronger-than-expected reference rate for the managed currency.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysQuant Trader Doubles Fortune to $11 Billion as XTX Profit SurgesTech Storms Back as Nvidia’s 8% Jump Fuels AI Bets: Marke  ( 30 min )
    S&P Joins Moody’s in Cutting US Banks Amid ‘Tough’ Climate
    (Bloomberg) -- Two weeks after Moody’s Investors Service rattled financial stocks by cutting the ratings for a slew of US banks, S&P Global Ratings is downgrading and dimming its outlook for several more — citing a similar mix of pressures making life “tough” for lenders.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysNasdaq 100 Climbs 1% as Tech Powers Stock Rebound: Markets WrapQuant Trader Doub  ( 30 min )
    S&P downgrades multiple US banks citing 'tough' operating conditions
    S&P downgraded the ratings of Associated Banc-Corp and Valley National Bancorp on funding risks and a higher reliance on brokered deposits. It also downgraded UMB Financial Corp, Comerica Bank and Keycorp, citing large deposit outflows and prevailing higher interest rates. A sharp rise in interest rates is weighing on many U.S. banks' funding and liquidity, S&P said in a summarized note, adding that deposits held by Federal Deposit Insurance Corp (FDIC)-insured banks will continue to decline as long as the Federal Reserve is "quantitatively tightening."  ( 31 min )
    Gold climbs above $1,900 handle as US dollar steps back
    (Reuters) -Gold prices firmed above recent lows on Tuesday, with the non-yielding asset holding ground despite U.S. Treasury yields powering to nearly 16-year highs as investors look ahead to central bankers' meeting this week for clues on interest rates. "Potential buyers have been waiting to see how far gold could fall, and this could be the beginnings of their re-entering the market in force," said Clifford Bennett, chief economist at ACY Securities. Any correction in the U.S. dollar from recent highs could immediately ignite a strong gold market rally, he said.  ( 31 min )
    After Nvidia's last 'shock-and awe' earnings, here's what Wall Street expects from the 2nd-quarter report
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    Top China Hedge Fund Blames Foreign Investors for Stock Rout
    (Bloomberg) -- A top-performing Chinese macro hedge fund blamed global capital for sinking the country’s stocks to the lowest levels since November.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysQuant Trader Doubles Fortune to $11 Billion as XTX Profit SurgesS&P Joins Moody’s in Cutting US Banks Amid ‘Tough’ ClimateForeign funds are primary drivers of Chinese stocks’ recent selloff, said Li Bei,  ( 32 min )
    Tech stocks just flashed a 'sell' signal ahead of Nvidia's big earnings report
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    BHP’s Full-Year Profit Falls 37% as China’s Metals Demand Wanes
    (Bloomberg) -- BHP Group Ltd., the world’s biggest miner, reported a 37% decline in full-year profit, missing analysts’ forecasts, as China’s struggling economy weighed on demand for iron ore and other commodities.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysNasdaq 100 Climbs 1% as Tech Powers Stock Rebound: Markets WrapCargill Tests 123-Foot-Tall Sails in Effort to Slash Fuel BurnUnderlying at  ( 31 min )
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    After-Tax Basis Definition
    After-tax basis is used to compare the net after-tax returns on taxable and tax-exempt bonds to gauge which had a higher yield.  ( 19 min )
    Underwriting Expenses: What They are, How They Work
    Underwriting expenses consist of a wide range of costs and expenditures associated with underwriting activity.  ( 18 min )
    New York City Economic Tracker: August 7, 2023
    Investopedia and NY1 are teaming up on a series of biweekly updates tracking the health of New York City’s economy, highlighting the best and worst-performing areas of New York's housing, tourism, leisure and hospitality metrics. areas of New York's housing, tourism, leisure and hospitality metrics.  ( 18 min )
    CD Rates Climb to New Record in Every Term. Will They Go Even Higher?
    CD rates are still rising—and have set a record in every term—according to newly released national averages from the FDIC. How much longer will this party last?  ( 17 min )
    Top CDs Today: 5.85% Jumbo CD Is New National Leader
    Today's best CD rate is a 5.85% jumbo option from One American Bank. For smaller deposits, the top rate is 5.75% from either Abound Credit Union or MapleMark Bank.  ( 19 min )
    Santander Bank CD Rates: July 2023
    With rising interest rate,s a CD can be a good place to stash funds. Compare CD rates and terms from Santander Bank and find the best CD account for your savings goals.  ( 20 min )
    Charles Schwab CD Rates: August 2023
    If you’re interested in opening a new certificate of deposit (CD) account, Schwab offers a simple brokered CD with attractive rates. Here’s what to know about Schwab CD APYs, terms, and features.  ( 21 min )
    S&P 500 Gains and Losses Today: Banking Stocks Lose Ground After S&P Downgrades
    The S&P 500 dipped 0.3% on Tuesday, Aug. 22, 2023, dragged down by weakness in the banking sector following S&P's downgrade of several lenders.  ( 17 min )
    Visa Card: Definition, Types, How They Work, vs. Mastercard
    Visa is a major card network but doesn't issue credit cards itself. Cards with the Visa brand include credit, debit, prepaid, and gift cards.  ( 23 min )
    Debt-to-Limit Ratio: Definition, Impact, Example & How to Improve
    Your debt-to-limit ratio compares your outstanding debt to your available credit and is an important factor in your credit score.  ( 23 min )
    U.S. Bank CD Rates: August 2023
    U.S. Bank CD rates are relatively high if you can meet a higher deposit requirement, but some options are unappealing. Existing customers can get personalized rates.  ( 21 min )
    Dormancy Fee: How It Works With Payment Cards & Ways to Avoid It
    Credit cards can no longer charge dormancy or inactivity fees, but other types of cards and financial accounts still can.  ( 24 min )
    What Is a Leveraged Loan? How Financing Works, and Example
    A leveraged loan is one that is extended to companies or individuals that already have considerable amounts of debt or a poor credit history.  ( 22 min )
    Three-Quarters Of 50+ Adults Worry Social Security Will Dry Up. Are They Right?
    Older adults are growing more fearful that the Social Security program will run dry, a fear that has some basis in reality, but which may or may not come true.  ( 18 min )
    American Express CD Rates: August 2023
    American Express CD rates can be much higher than average with certain terms, and there’s no minimum balance to open a new CD.  ( 21 min )
    What Happened to Coinbase Pro?
    In November 2022, Coinbase began migrating customer accounts from Coinbase Pro to Coinbase Advanced Trade. Find out what this means for new and existing users.  ( 17 min )
    Financial Plans: Meaning, Purpose, and Key Components
    A financial plan is a document detailing a person’s current money situation and long-term monetary goals, as well as strategies to achieve them.  ( 25 min )
    Here's Where Climate Change Could Cause Credit Downgrades
    Add this to the many ways that we all could end up paying for the effects of climate change: The U.S. and other countries could see their credit ratings tumble, making their debts harder to pay off.  ( 17 min )
    Uniswap (UNI): What it is, Pros and Cons, FAQs
    Uniswap (UNI) is a cryptocurrency and decentralized exchange for trading digital assets. UNI holders can earn rewards and participate in governance.  ( 22 min )
    What Is a Convertible Term Life Insurance Policy?
    A convertible insurance policy allows the insured to convert a term policy to a permanent policy at a later date.  ( 20 min )
    Personal Loan Rates & Trends, Week of Aug. 21, 2023: Rates Bounce Up
    Personal loan rates jumped this week to 20.87%, adding 28 basis points since last week when the average personal loan rate sat at 20.59%.  ( 18 min )
    Pet Insurance Pre-existing Condition Exclusions
    Pet insurance can help you save on veterinary care. Learn how pre-existing condition exclusions apply when purchasing pet insurance coverage.  ( 21 min )
    FTC Caught Scammers Offering Student Loan Debt Relief. How to Avoid Getting Tricked
    The Federal Trade Commission (FTC) recently uncovered a scam targeting student loan borrowers that made $8.8 million by promising debt relief.  ( 17 min )
    IBM Agrees to Sell Weather Company Assets to Francisco Partners
    Tech giant IBM has agreed to a deal with investment firm Francisco Partners for its holdings in The Weather Company.  ( 17 min )
    Inflation vs. Deflation: What's the Difference?
    Understand the differences between inflation and deflation, their effects on economies and consumers, and why economies frequently teeter between the two.  ( 23 min )
    Why You Should Front-Load Your 529 Plan
    If you can, take advantage of a little-known tax break and front-load your 529 plan to maximize the effect of compounding.  ( 24 min )
    Are You Ready to Rent?
    Moving out into your first rental is a big step, so be financially prepared.  ( 21 min )
    What Is Crypto Winter?
    Crypto winter is a period of lower cryptocurrency prices compared to prior highs. This is similar to a bear market in the stock market.  ( 21 min )
    10 Most Successful Women Entrepreneurs
    These successful women entrepreneurs have built global brands and fortunes through their own hard work and strong drive.  ( 25 min )
    Using Your 529 Savings to Study Abroad
    Your 529 plan will cover the same qualified education expenses when you study abroad as it does in the United States.  ( 22 min )
    Bank of America Offering Credit Card Rewards for Electric Vehicle Owners
    Bank of America is the latest credit card issuer to offer benefits to electric vehicle (EV) owners with its rewards program.  ( 17 min )
    Inventory Theft Hurts DICK's Sporting Goods' Earnings
    DICK's reported a 13% decline in EPS and a drop in gross margin, attributable in part to the growing problem of inventory shrinkage across the retail industry.  ( 17 min )
    S&P Downgrade of Banks' Credit Could Make Borrowing Even Tougher
    More U.S. banks have been hit with credit rating downgrades, the latest development that threatens to make borrowing even more difficult for businesses and individuals.  ( 18 min )
    30-Year Mortgage Rates Jump to New High
    Rates on 30-year mortgages jumped almost a tenth of a point, setting a new 21-year high average. Rates on most other loan types were essentially flat.  ( 22 min )
    Markets Mixed Midday as Bank Stocks Face Pressure After Downgrades
    U.S. equity markets were mixed in midday trading on Tuesday, Aug. 22, 2023 as bank stocks lost ground after S&P downgraded several U.S. banks.  ( 16 min )
    July Existing Home Sales Fall 2.2%
    Existing home sales fell more than estimated in July, dropping by 2.2% to 4.07 million at an annualized rate, according to a report out Tuesday.  ( 16 min )
    How the Balance of Trade Affects Currency Exchange Rates
    A country's balance of trade can affect its exchange rate when trade surpluses or trade deficits influence the supply of or demand for the country's currency.  ( 20 min )
    MACOM Buys Wolfspeed's Radio Frequency Business for $125 Million
    MACOM agreed to buy Wolfspeed's radio frequency for $125 million, in a move that the companies say could help MACOM boost its earnings and Wolfspeed better focus on its silicon carbide power device and material businesses.  ( 17 min )
    Edward Jones CD Rates in 2023
    Certificates of deposit (CDs) can be a great, conservative way to invest your money. Edward Jones is worth considering for its competitive CD rates at a variety of term lengths.  ( 21 min )
    A Penalty-Free Way to Get 529 Money Back
    Your 529 plan withdrawals that aren’t used for qualified education expenses can be subject to tax and a 10% penalty. Here’s how to avoid that penalty.  ( 25 min )
    How Do I Use the Rule of 72 to Calculate Continuous Compounding?
    The rule of 72 is a mathematical shortcut used to predict when a population, investment, or other category will double in size for a given rate of growth.  ( 20 min )
    Lowe's Beats Earnings Estimates as Sales Fall Less Than Expected on Online Growth
    Lowe's, one of America's biggest home improvement retailers, said sales fell less than expected as robust spending online and by home professionals helped offset lower DIY discretionary demand.  ( 17 min )
    Economic Indicators That Help Predict Market Trends
    Although imperfect, these leading economic indicators can help investors predict and react to where the market is headed.  ( 25 min )
    Focus List Definition and Uses
    A focus list is a list of recommended stocks published by an investment firm's research department. It's typically a short list of their best trade ideas.  ( 19 min )
    How to Use a Personal Loan
    Personal loans are flexible and can be used for many purposes. However, there are some risks involved with using personal loans.  ( 24 min )
    What Are the Easiest Personal Loans to Get Approved For?
    While there are several kinds of personal loans that are easy to get approved for, these tend to be more costly than a traditional personal loan.  ( 24 min )
    Baidu Revenue Tops Estimates, Robo Taxi Rides Jump
    Chinese e-commerce company Baidu reported revenue 15% higher, beating analysts' estimates, while its automated taxi service grew.  ( 16 min )
    Microsoft Restructures Activision Acquisition to Secure Approval From UK Regulator
    Microsoft said it would transfer the cloud streaming rights of Activision's games to French rival Ubisoft to convince U.K. regulators to allow Microsoft's acquisition of Activision.  ( 17 min )
    Top 10 U.S. Economic Indicators
    Review 10 key economic indicators for the U.S. economy and learn about each one. Find out what they indicate and how to interpret them.  ( 24 min )
    Producer Price Index (PPI): What It Is and How It's Calculated
    The producer price index is a monthly measure of change in the prices received by domestic producers.  ( 26 min )
    Unemployment Rates: The Highest and Lowest Worldwide
    The highest and lowest unemployment rates in the world vary dramatically, even among the world's largest economies, and low unemployment doesn't mean wealth.  ( 25 min )
    Retail Sales: Definition, Measurement, as an Economic Indicator
    Retail sales tracks consumer demand for finished goods by measuring the purchases of durable and non-durable goods over a defined period of time.  ( 25 min )
    Form 1099-NEC: Nonemployee Compensation
    Form 1099-NEC is an Internal Revenue Service (IRS) form for businesses to report payments made to nonemployees, such as independent contractors.  ( 21 min )
    Core Retail Sales: What They are, How They Work, FAQs
    Core retail sales is an economic indicator of the strength of retail in the U.S. It excludes certain highly volatile categories such as gasoline.  ( 22 min )
    5 Things to Know Before Markets Open
    Microsoft submitted a new proposal to U.K. regulators for its stalled acquisition of Activision Blizzard, and Zoom shares rose after the video conferencing provider beat earnings projections on strength in its enterprise business. Here’s what investors need to know today.  ( 19 min )
    Structural vs. Cyclical Unemployment: What's the Difference?
    Cyclical unemployment and structural unemployment differ greatly. Here we describe how different types of unemployment impact workers and the economy.  ( 36 min )
    How Does Money Supply Affect Inflation?
    Learn about two competing economic theories of the role of money supply and whether money supply causes inflation in the economy.  ( 23 min )
    Marcus CD Rates: August 2023
    CDs offer a conservative investment for a set number of months or years. Marcus offers competitive CD rates on a variety of terms.  ( 19 min )
    PNC Bank CD Rates: August 2023
    A CD can be a smart way to set aside cash. Learn about PNC Bank’s CD rates, the ins and outs of opening one, and how these CDs compare with select competitors.  ( 20 min )
    Sallie Mae Bank CD Rates: August 2023
    You may know Sallie Mae as the bank that services your student loan, but it also offers other banking products, like CDs. Learn more about Sallie Mae’s CD rates.  ( 20 min )
    Synchrony Bank CD Rates: August 2023
    If you want to put some money away for savings, Synchrony Bank’s CD accounts have some of the most competitive rates on the market. See if Synchrony’s CD is the right fit for you.  ( 22 min )
    TD Bank CD Rates: August 2023
    Looking for the latest TD Bank CD rates? Our guide covers the current rates, term lengths, and minimum deposit requirements, helping you make an informed decision.  ( 21 min )
    Wells Fargo CD Rates: August 2023
    Wells Fargo CD rates are tiered for most of their terms and require a relatively high minimum deposit. Here's what to know before you open a CD with the bank.  ( 20 min )
    Navy Federal CD Rates: August 2023
    With a minimum deposit and a guaranteed return, certificates of deposit (CDs) can be a viable investment. See what Navy Federal CD rates have to offer.  ( 23 min )
    Bank of America CD Rates: August 2023
    There are countless CD options, and it can be hard to choose. Gain a thorough understanding of Bank of America’s CD rates to make a well-informed decision about opening an account.  ( 22 min )
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    S&P 500 Gains and Losses Today: Banking Stocks Lose Ground After S&P Downgrades
    The S&P 500 dipped 0.3% on Tuesday, Aug. 22, 2023, dragged down by weakness in the banking sector following S&P's downgrade of several lenders.  ( 1 min )
    Markets Mixed Midday as Bank Stocks Face Pressure After Downgrades
    U.S. equity markets were mixed in midday trading on Tuesday, Aug. 22, 2023 as bank stocks lost ground after S&P downgraded several U.S. banks.  ( 1 min )
    5 Things to Know Before Markets Open
    Microsoft submitted a new proposal to U.K. regulators for its stalled acquisition of Activision Blizzard, and Zoom shares rose after the video conferencing provider beat earnings projections on strength in its enterprise business. Here’s what investors need to know today.  ( 1 min )
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    Minder Gronings gas leidt tot economische krimp in de provincie
    De Groningse economie is in de maanden april, mei en juni flink gekrompen. Dat komt door de afbouw van de gaswinning in de provincie.  ( 3 min )
    Essent verlaagt prijzen voor stroom en gas, maar roept op tot zuinigheid
    Na Vattenfall kondigt ook energiemaatschappij Essent lagere energietarieven voor klanten met een variabel energiecontract aan. Hoewel Essent minder vraagt voor stroom en gas, moedigt het bedrijf klanten nog wel aan zuinig aan te doen.  ( 4 min )
    Toezichthouder blokkeert megawinsten op stadsverwarming
    Toezichthouder ACM gaat ervoor zorgen dat leveranciers van stadsverwarming geen torenhoge winsten kunnen maken. Dat moet voorkomen dat gebruikers van stadsverwarming te veel betalen voor hun energie.  ( 3 min )
    Big Bazar komt weer niet opdagen bij rechtszaak over ontruiming panden
    Big Bazar heeft ook verstek laten gaan bij een rechtszaak die is aangespannen door twee verhuurders in Drenthe. Dat gebeurde eerder ook al in Alkmaar. Toen zei de winkelketen dat het om een fout in de agenda ging.  ( 4 min )
    Vertraging scheepvaart op Panamakanaal loopt verder op door droogte
    Schepen die door het Panamakanaal willen varen, moeten steeds langer wachten. Door de droogte en lage waterstanden in Panama is een grote opstopping ontstaan. De wachttijd voor schepen loopt flink op.  ( 3 min )
    Aantal reizigers op Schiphol nog altijd niet op niveau van voor corona
    Schiphol heeft in juli iets meer dan zes miljoen reizigers verwerkt. Het was voor het eerst sinds oktober 2019 dat het maandelijkse aantal reizigers boven de zes miljoen uitkwam. Wel zijn het er nog beduidend minder dan in juli 2019.  ( 3 min )
    Beleggers zien mandje aandelen en fondsen 5 miljard euro in waarde stijgen
    Nederlandse particulieren pakten vorig kwartaal gemiddeld 3,2 procent rendement op hun beleggingen. Dan gaat het om investeringen in aandelen, obligaties en beleggingsfondsen.  ( 3 min )
    Britten zijn boos: topbestuurders verdienen 118 keer zoveel als gemiddeld in VK
    De top van het Britse bedrijfsleven zag zijn beloning vorig jaar met gemiddeld 600.000 euro stijgen naar 4,6 miljoen euro (3,9 miljoen pond). Ook de Nederlandse ex-Shell-topman Ben van Beurden boerde goed, met ongeveer 11 miljoen euro. De vergoedingen wekken irritatie bij veel Britten.  ( 4 min )
    Flitsbezorger Getir ontslaat 2.500 medewerkers, onduidelijk hoeveel in Nederland
    Het Turkse boodschappenbezorgbedrijf Getir gaat reorganiseren. Dat betekent dat 2.500 medewerkers van het bedrijf hun baan verliezen. Dat is ongeveer 10 procent van het personeelsbestand.  ( 3 min )
    Ergernis over exorbitante salarisverhoging van Britse CEO's
    De top van het Britse bedrijfsleven zag zijn beloning vorig jaar met gemiddeld 600.000 euro stijgen naar 4,6 miljoen euro (3,9 miljoen pond). Ook de Nederlandse ex-Shell-topman Ben van Beurden boerde goed, met ongeveer 11 miljoen euro. De vergoedingen wekken irritatie bij veel Britten.  ( 4 min )
    Microsoft doet nieuwe toezegging voor overname gamestudio Activision Blizzard
    Microsoft heeft nieuwe toezeggingen gedaan om gameontwikkelaar Activision Blizzard alsnog te mogen overnemen. De Britse toezichthouder CMA blokkeerde de deal in juni, omdat de softwaregigant anders mogelijk te machtig wordt op de markt voor online games.  ( 4 min )
    Particuliere belegger deed goede zaken in tweede kwartaal
    Nederlandse particulieren pakten vorig kwartaal gemiddeld 3,2 procent rendement op hun beleggingen. Dan gaat het om investeringen in aandelen, obligaties en beleggingsfondsen.  ( 3 min )
    VS heft handelsbeperkingen voor 27 Chinese bedrijven op
    De Verenigde Staten hebben 27 Chinese bedrijven en organisaties van de 'zwarte lijst' gehaald. Bedrijven op die lijst hebben beperkte toegang tot Amerikaanse technologie.  ( 3 min )
    Oekraïne probeert graanexport weer op gang te krijgen
    Oekraïne wil de graanexport herstellen nu Rusland uit de graandeal is gestapt. Kiev is in gesprek met verzekeringsmaatschappijen die graanschepen in de Zwarte Zee kunnen dekken.  ( 3 min )
    Winkeliers kunnen iPhone nu gebruiken als betaalautomaat
    Apple rolt dinsdag zijn nieuwe dienst Tap to Pay uit in Nederland. Daarmee kunnen winkeliers van hun iPhone een pinapparaat maken.  ( 3 min )
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    IBM Agrees to Sell Weather Company Assets to Francisco Partners
    Tech giant IBM has agreed to a deal with investment firm Francisco Partners for its holdings in The Weather Company.  ( 1 min )
    S&P Downgrade of Banks' Credit Could Make Borrowing Even Tougher
    More U.S. banks have been hit with credit rating downgrades, the latest development that threatens to make borrowing even more difficult for businesses and individuals.  ( 1 min )
    Bank of America Offering Credit Card Rewards for Electric Vehicle Owners
    Bank of America is the latest credit card issuer to offer benefits to electric vehicle (EV) owners with its rewards program.  ( 1 min )
    MACOM Buys Wolfspeed's Radio Frequency Business for $125 Million
    MACOM agreed to buy Wolfspeed's radio frequency for $125 million, in a move that the companies say could help MACOM boost its earnings and Wolfspeed better focus on its silicon carbide power device and material businesses.  ( 1 min )
    Lowe's Beats Earnings Estimates as Sales Fall Less Than Expected on Online Growth
    Lowe's, one of America's biggest home improvement retailers, said sales fell less than expected as robust spending online and by home professionals helped offset lower DIY discretionary demand.  ( 1 min )
    Microsoft Restructures Activision Acquisition to Secure Approval From UK Regulator
    Microsoft said it would transfer the cloud streaming rights of Activision's games to French rival Ubisoft to convince U.K. regulators to allow Microsoft's acquisition of Activision.  ( 1 min )

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    There are 2 big catalysts that could spark a stock market rally this week, according to Fundstrat
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    Charles Schwab slashing jobs, offices to streamline operations
    The Charles Schwabe Corporation reported in an SEC filing Monday it plans to close or downsize some corporate offices and reduce its headcount to cut costs.  ( 31 min )
    Kenvue Will Join the S&P 500 Friday. It Could Boost the Stock.
    The action could lift shares of Kenvue, but Johnson & Johnson stock could come under pressure due to index selling.  ( 26 min )
    Long Jim Cramer ETF Shutters After Luring in Just $1.3 Million
    (Bloomberg) -- An exchange-traded fund that aimed to track CNBC anchor Jim Cramer’s stock picks is planning to shutter just five months after launching.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysNasdaq 100 Climbs 1% as Tech Powers Stock Rebound: Markets WrapCargill Tests 123-Foot-Tall Sails in Effort to Slash Fuel BurnThe Long Cramer Tracker ETF (ticker LJIM) will stop trading Sept. 11, accor  ( 31 min )
    Charles Schwab puts a price tag on shedding real estate, cutting jobs and trimming other expenses
    Charles Schwab is spending hundreds of millions to exit facilities and cut jobs.  ( 10 min )
    Facebook users in US have until Friday to claim their piece of Meta's $725 million settlement
    Facebook users in the U.S. have until Friday to apply for their share of a $725 million privacy settlement that parent company Meta agreed to pay last year.  ( 31 min )
    AMC Stock Tumbles 24% Ahead of Friday’s ‘APE’ Conversion
    AMC Preferred Equity units, also known as APES, will no longer be traded on Aug. 25, and will instead be converted to common stock.  ( 26 min )
    Half of Americans lack a retirement plan. Here are the worst states.
    States with many workers without retirement savings are likely to face a spike in senior poverty, researchers say.  ( 30 min )
    Bond Yields Are the Highest in a Decade. 4 Reasons Behind the Surge.
    The yield on a 10-year government bond is at 4.34%, its highest level since 2007. The 30-year, at 4.445%, was at its highest level since 2011.  ( 26 min )
    Nvidia bulls pile in after HSBC raises price target
    Shares of chipmaker Nvidia were up Monday after HSBC analysts lifted the chipmaker’s price target on an increasing sales forecast for fiscal 2024.  ( 31 min )
    American Airlines Stock Jumps After Pilots Get 46% Pay Boost
    Carrier American Airlines struck a new four-year contract that immediately raises pay by 21% and adds additional benefits, including changes in scheduling.  ( 27 min )
    Grant Cardone Asks: How Do Politicians Become Millionaires Making Under $200,000 Per Year? Economist Identifies 'Suspicious Personal Profit Pattern'
    Grant Cardone, a renowned sales trainer, speaker and entrepreneur with an estimated net worth of $600 million, recently took to X, formerly Twitter, to raise a thought-provoking question: "Can someone explain to me how public servants (politicians) are becoming multimillionaires on $100,000 salaries?" While the message did not specify which public servants he was referring to, it is presumed that Cardone’s remarks were primarily aimed at members of the U.S. Congress. See more on startup investin  ( 32 min )
    Zoom earnings top estimates, outlook gets lift from AI
    Zoom stock popped by more than 6% following earnings results.  ( 32 min )
    Top CD Rates Today: National Leader Holding at 5.75%, Plus One New Top-Tier Option
    Today's best CD rates are 5.75% APY from MapleMark Bank for 1 year, 5.65% APY from Dow Credit Union for 3 months, and 5.56% APY from TotalDirectBank.  ( 21 min )
    Steelworkers could tip scales for Cleveland-Cliffs' bid for U.S. Steel
    Who will end up acquiring U.S. Steel? One analyst thinks the road for a successful buyer runs, in part, through United Steelworkers.  ( 10 min )
    A troubling share of Americans aren't paying their credit cards in full: survey
    J.D. Power found that 51% of Americans can’t pay off their entire balance each month and instead let it revolve to the next month.  ( 33 min )
    S&P 500: Cybersecurity Giant Soars On Earnings; Tesla, Nvidia Are Big Winners
    No content preview
    Bond Yields Are the Highest in a Decade. 4 Reasons Why.
    The yield on a 10-year government bond is at 4.34%, its highest level since 2007. The 30-year, at 4.445%, was at its highest level since 2011.  ( 26 min )
    Hawaiian Electric Faces Claims for Vast Fire Damage. Remember PG&E’s Bankruptcy.
    At least four lawsuits have been filed against the utility in connection with the wildfires that devastated Maui.  ( 27 min )
    These 15%-Yielding Dividend Stocks Look Very Attractive Right Now, Analysts Say
    Everyone has their crystal ball out, trying to figure out where stocks are going. The market’s recent performance is no guide – stocks rose sharply through most of this year, but this August has seen several weeks of consecutive declines. Looking forward, both the bulls and bears can present solid arguments. Marko Kolanovic, J.P. Morgan’s Chief Global Market Strategist, sides with the latter, as he believes the market is on the verge of a downturn. Kolanovic notes that US households built up mor  ( 35 min )
    China facing ‘downward spiral’ as property crisis deepens
    China is facing a “downward economic spiral” amid a mounting crisis in its debt-laden property sector, analysts have warned.  ( 32 min )
    Nasdaq set to break losing streak as stocks look for rebound: Stock market news today
    Stocks are looking to bounce back from a brutal August for investors so far.  ( 32 min )
    American Airlines pilots ratify a new contract that includes big pay raises and bonuses
    American Airlines pilots have approved a new contract that will raise their pay about 41% over four years, their union said Monday. The Allied Pilots Association said that 73% of pilots who took part voted in favor of the four-year contract, which it valued at $9.6 billion. “This contract is a big first step toward restoring the wages, benefits, and work rules that were lost during the past two decades while our profession was under continuous assault," said union President Ed Sicher.  ( 31 min )
    Apple's Lesser-Known Co-Founder Owned ⅓ Of The Company But Missed Out On A Potential $900 Billion Fortune
    With the late Steve Jobs and Steve Wozniak, Apple Inc.'s co-founders, dominating the tech world for decades, it’s easy to overlook the vital role played by a lesser-known figure: Mike Markkula. While Jobs and Wozniak captured the limelight, Markkula’s contributions to Apple's success were no less significant. From angel investor to CEO and chairman, Markkula’s journey with Apple showcased his belief in the power of personal computers. See more on startup investing from Benzinga: Until 2016 it wa  ( 33 min )
    'Godfather Of AI' To Offer Quarterly Results; Can Investors Refuse?
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    Gas prices hit 2023 highs in California as Tropical Storm Hilary hammers state
    Gasoline in California is at a 2023 high. Here's why  ( 33 min )
    Market Digests $1 Trillion Jump in T-Bill Supply Without Hiccup
    (Bloomberg) -- The government has issued an eye-watering $1 trillion in Treasury bills since the debt-ceiling was suspended in early June. So far, the market hasn’t batted an eye.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefBond Bulls at JPMorgan, Allianz Double Down on a Bet Gone BadCargill Tests 123-Foot-Tall Sails in Effort to Slash Fuel BurnBig Tech Powers Stock Gains as Nasdaq 100 Rises 1%: Markets WrapFor all the concerns about whether the market wo  ( 31 min )
    AMC Stock Tumbles 24% Ahead of Friday’s ‘APE’ Conversion
    AMC Preferred Equity units, also known as APES, will no longer be traded on Aug. 25, and will instead be converted to common stock.  ( 26 min )
    Global stock markets have been buoyed by 'stupid' people ignoring China and Russia risks, veteran investor says
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    Exclusive-Cybersecurity firm SentinelOne explores sale -sources
    SentinelOne Inc, a cybersecurity company with a market value of $4.2 billion, has been exploring options that could include a sale, according to people familiar with the matter. It had benefited from a bonanza in technology spending during the COVID-19 pandemic, fueled by remote work, which fizzled as companies slashed their information technology budgets as the economy slowed. SentinelOne has hired investment bank Qatalyst Partners to advise on discussions with potential acquirers, including private equity firms, the sources said.  ( 32 min )
    Meta's Threads Prepares To Counter Elon Musk's X, Tesla Data Breach Affects Over 75K People, Medical Properties Trust's Prospect Medical Deal On Hold: Today's Top Stories
    Wall Street Journal Mark Vs. Elon: Meta's Threads Prepares To Counter Musk's X With Web Version Meta Platforms Inc (NASDAQ: META) is gearing up to launch a desktop version of its microblogging application, Threads. The anticipated web version seeks to address a significant request from its user base and comes as a notable upgrade to its rivalry against Elon Musk's X. After Meta's initial release of Threads in July, it witnessed a surge in popularity, but its momentum has noticeably slowed recent  ( 35 min )
    Analyst Report: Republic Services, Inc.
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    Analyst Report: TJX Companies, Inc.
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    Market Update: APD, RSG, TJX
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    Nvidia Targets Keep Rising as Analysts Bet on Earnings Blowout
    (Bloomberg) -- Nvidia Corp. shares climbed as much as 5.4% on Monday, as more analysts raised their price targets on the stock, a sign of growing optimism about the chipmaker’s highly anticipated results later this week.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefBond Bulls at JPMorgan, Allianz Double Down on a Bet Gone BadCargill Tests 123-Foot-Tall Sails in Effort to Slash Fuel BurnBond Slide Takes Wind Out of Stocks Amid Fed Angst: Markets WrapThe ave  ( 32 min )
    Stocks lose steam as August slump drags on: Stock market news today
    Stocks are looking to bounce back from a brutal August for investors so far.  ( 32 min )
    Warren Buffett Bets On The U.S. Housing Market With 3 New Investments — Be Greedy When Others Are Fearful?
    The U.S. housing market has been under pressure as a result of substantial interest rate hikes from the Federal Reserve. But that hasn't deterred legendary investor Warren Buffett from placing big bets in the sector. In its latest 13F filing with the Securities and Exchange Commission, Buffett's company Berkshire Hathaway Inc. (NYSE:BRK) disclosed new stakes in three U.S. homebuilders. Investors often pay close attention to Buffett's 13F filings because of his track record of generating consiste  ( 33 min )
    Nvidia Stock Makes Key Technical Moves Amid 'AI Tidal Wave Of Spending'
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    FedEx and UPS Stocks Drop. Amazon Shipping Is to Blame.
    Shares of FedEx and Amazon are both falling after investors learn that Amazon has restarted a third-partly logistics offering.  ( 26 min )
    US borrowing costs highest since 2007 amid interest rate fears - latest updates
    Germany’s “lacklustre” economy will likely stagnate again in the third quarter, the Bundesbank has said, as weak demand from abroad and high interest rates take their toll on Europe’s industrial powerhouse.  ( 44 min )
    Treasury Yields Hit Highest Since 2007 on Elevated Rate Fears
    (Bloomberg) -- The yield on 10-year inflation-protected Treasuries exceeded 2% for the first time since 2009, extending its ascent from year-to-date lows near 1%.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefBond Bulls at JPMorgan, Allianz Keep Piling Into a Bet Gone BadPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityCargill Tests 123-Foot-Tall Sails in Effort to Slash Fuel BurnThe benchmark rose as much as 6 basis points to 2%, before easing a  ( 31 min )
    Subway nears $9.6 billion sale to Arby's owner Roark - WSJ
    Roark Capital is nearing a deal to buy sandwich chain Subway for about $9.6 billion, the Wall Street Journal reported on Monday.  ( 29 min )
    Moderna Stock Rises Ahead of Fall Covid-19 Booster Campaign
    It has been a tough year for the stock prices of Covid-19 vaccine makers, but today is a different story. Moderna shares are up 7% Monday, after a Biden administration official urged Americans to get booster shots for the disease this fall. Moderna [said in a release last week](https://investors.mo  ( 22 min )
    ‘Worried but Optimistic’: David Einhorn Makes a Move on These 2 Buy-Rated Stocks
    Coming off last year’s merciless bear market year, billionaire value investor David Einhorn managed to buck the trend and steer his hedge fund Greenlight Capital to its best performance in a decade. Now, Einhorn finds himself a bit worried about what might come next. “If we were ‘bearish’ until March and ‘neutral’ through June, we would now characterize ourselves as ‘worried,’” he recently said. “Should long-term interest rates rise, either due to the strong economy or due to supply/demand issue  ( 34 min )
    Stocks open higher after three-week slump: Stock market news today
    Stocks are looking to bounce back from a brutal August for investors so far.  ( 30 min )
    J&J’s Kenvue Exchange Offer Was Too Popular. What Happens to Shares Now.
    Johnson & Johnson investors who elected to participate in the swap will see just 23.8% of their shares converted into Kenvue stock  ( 26 min )
    Nikola Stock Is Falling. Blame a Bond Sale and an Unsettling Recall Update.
    The EV maker announced the sale of up to $325 million in convertible bonds. The initial tranche will bring in roughly $125 million to company coffers.  ( 26 min )
    Broadcom’s VMware Takeover Is Approved by U.K. There Are 2 More Hurdles Left.
    The U.K.’s Competition and Markets Authority said the deal wouldn't substantially reduce competition in the supply of server hardware components.  ( 27 min )
    Nvidia’s Earnings Have Wall Street Excited. Why That’s a Risk.
    Analysts seem convinced that Nvidia earnings will wow Wall Street this week. Does it raise the risk of disappointment that could hit the whole stock market?  ( 27 min )
    Cano Health names permanent CEO, founder leaves board
    The company has been in a dispute with a group of former board members.  ( 10 min )
    FedEx Pilots Are Worried About Their Jobs
    A decline in parcel volume and a combination of the Express and Ground units leaves the company with an excess of 700 pilots.  ( 25 min )
    Apple stock is having an awful August, now in correction
    The selling pressure persists for Apple as concerns over the growth outlook remain in focus.  ( 33 min )
    Tesla Stock Is Set to Snap Its Losing Streak. These Catalysts Will Help, Says Analyst.
    For the rest of 2023, Baird analyst Ben Kallo has six "best ideas" for investors. Tesla is one of them.  ( 27 min )
    XPeng upgraded, Napco downgraded: Wall Street's top analyst calls
    XPeng upgraded, Napco downgraded: Wall Street's top analyst calls  ( 34 min )
    Ask an Advisor: I Am 60 Years Old, Have $1.1M Cash, $880K in a 401(k), Several Pensions and Social Security. Should I Retire Now?
    I am 60 years old, married, with no mortgage. We also have $1.1 million in liquid cash and $880,000 in a 401(k). I will have two pensions, which have not started yet, and my wife will have one pension, all … Continue reading → The post Ask an Advisor: I Am 60 Years Old, Have $1.1M Cash, $880K in a 401(k), Several Pensions and Social Security. Should I Retire Now? appeared first on SmartAsset Blog.  ( 34 min )
    The One Stock to Watch in Trading This Week: Nvidia
    The poster child for 2023's artificial intelligence frenzy, Nvidia, reports earnings this week. The stakes are high ahead of this week's earnings report—not just for Nvidia, but for the broader market. Many analysts have [turned bullish on the stock](https://www.wsj.com/finance/stocks/the-ai-trade-  ( 22 min )
    J&J Exchange Offer for Kenvue Is Substantially Oversubscribed
    Johnson & Johnson investors who elected to participate in the swap will see just 23.8% of their shares converted into Kenvue stock  ( 26 min )
    Palo Alto stock surges after 'unique' Friday earnings release: 'Clearly, we have enjoyed the attention.'
    After a rare decision to announce earnings on a Friday afternoon, Palo Alto Networks' results didn't bring the bad news many had expected.  ( 33 min )
    Biggest U.S. Hospital Landlord Slashes Dividend as Tenants Struggle
    Medical Properties Trust slashed its dividend on Monday, an acknowledgement that its previous payouts had become unsustainable. The Birmingham, Ala.-based real estate investment trust, the nation’s largest hospital landlord, said it would cut its quarterly dividend per share to 15 cents from 29 cen  ( 22 min )
    Regeneron Stock-Price Targets Rise as FDA Approves Higher Dose of Eye Drug
    The Food and Drug Administration approved 8-milligram doses of Eylea, a treatment for wet age-related macular degeneration.  ( 27 min )
    Bitcoin Slips. The Worst Might Not Be Over.
    After weeks of historically low volatility, Bitcoin snapped back into action late last week with a dramatic selloff. More declines may be coming.  ( 26 min )
    Target and Bud Light Boycotts Hit Sales. The Impact Should Be Over Soon.
    The effect of politically motivated boycott calls on consumer companies may be overblown, research suggests.  ( 27 min )
    Newly formed Permian Resources Corp. to acquire Earthstone Energy in $4.5B deal
    A Midland-based company that formed through a merger just under a year ago has agreed to pay $4.5 billion to acquire a Houston-area energy company that's been on an acquisition streak of its own.  ( 12 min )
    Tesla Bounces Back As Cybertruck, New Model 3, Excitement Take Over; Is TSLA's Slide Over?
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    Dow Jones Futures Rise With Powell Speech On Deck; Nvidia Jumps On Price-Target Hikes
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    Stock futures point to rebound after three-week slump: Stock market news today
    Stocks are looking to bounce back from a brutal August for investors so far.  ( 30 min )
    Permian Resources to Buy Earthstone Energy in $4.5 Billion Deal. There’s More to It.
    Permian Resources plans on increasing its quarterly dividend by 20% to 6 cents a share beginning in the first quarter of 2024.  ( 26 min )
    Nikola Stock Is Falling. A Bond Sale and Unsettling Recall Update Are Why.
    The EV maker announced the sale of up to $325 million in convertible bonds. The initial tranche will bring in roughly $125 million to company coffers.  ( 26 min )
    Quant Trader Doubles Fortune to $11 Billion as XTX Profit Surges
    (Bloomberg) -- A former Deutsche Bank AG trader is rapidly amassing enough wealth in the fallout from volatile interest rates and inflation to rival some of the richest billionaires in finance.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefBond Bulls at JPMorgan, Allianz Keep Piling Into a Bet Gone BadPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityCargill Tests 123-Foot-Tall Sails in Effort to Slash Fuel BurnAlex Gerko’s fortune has surged to $  ( 32 min )
    Nikola Falls After Warning of Risk to 2023 EV Delivery Guidance
    (Bloomberg) -- Nikola Corp. fell in early trading after the maker of electric big rigs warned it may not reach its full-year delivery target as it grapples with fallout from recent battery incidents.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefBond Bulls at JPMorgan, Allianz Keep Piling Into a Bet Gone BadPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityCargill Tests 123-Foot-Tall Sails in Effort to Slash Fuel BurnThe company also said in a reg  ( 31 min )
    9 Plunging Stocks Suffer 50% Of S&P 500's $2 Trillion Meltdown
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    Mark Zuckerberg’s new ‘in-person time policy’ will crack down on Meta’s remote work rebels
    Employees who don't comply with the new rules could face termination or see their performance reviews impacted.  ( 33 min )
    Weekly Stock List
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    Broadcom’s VMware Takeover Is Approved by U.K. The U.S. and China Are the Last Hurdles.
    The U.K.’s Competition and Markets Authority said the deal wouldn't substantially reduce competition in the supply of server hardware components.  ( 27 min )
    Nvidia’s Upcoming Earnings Have Wall Street Overexcited. Why That’s a Risk.
    Analysts seem convinced that Nvidia earnings will wow Wall Street this week. Does it raise the risk of disappointment that could hit the whole stock market?  ( 27 min )
    J&J says it will retain 9.5% stake in Kenvue carve-out after exchange offer
    Investing.com -- Shares in Johnson&Johnson (NYSE:JNJ) slipped on Monday after the American healthcare giant said it will retain about a 9.5% stake in its consumer health carve-out Kenvue (NYSE:KVUE) following a share exchange offer.  ( 31 min )
    XPeng Stock Surges on Upgrade. Positive Free Cash Flow Is in Sight.
    BofA Securities analyst Ming Hsun Lee upgraded XPeng stock to Buy from Hold, raising his price target to $22 from $16.30.  ( 26 min )
    Goldman Sachs weighs sale for part of its wealth business
    Goldman Sachs is weighing the sale of a part of its wealth business catering to high net worth clients, it said on Monday, as it shifts its focus back to serving the ultra-rich. The Wall Street bank is evaluating alternatives for its registered investment adviser unit, called Personal Financial Management (PFM), which manages about $29 billion, it said in a statement. Goldman bought the registered investment adviser, formerly known as United Capital Financial Partners, for $750 million in 2019 when it managed about $25 billion in funds.  ( 31 min )
    Daily Spotlight: Mortgage Rates Cool Builder Confidence
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    5 Things to Know Before Markets Open
    Meta Platforms is planning to launch a web version of its Threads app and Palo Alto Networks posts a stronger-than-expected billings forecast on reception of its AI security platform. Here’s what investors need to know today.  ( 19 min )
    UPDATE 2-Permian Resources to buy Earthstone Energy in $4.5 bln deal
    Permian Resources said on Monday it would buy Earthstone Energy in an all-stock transaction valued at about $4.5 billion, including debt. The deal would strengthen Permian Resources' position as a leading Delaware Basin independent producer with pro forma production of about 300,000 barrels of oil equivalent per day (boepd). Delaware Basin, a part of the wider Permian Basin, is a prime target for producers looking to increase their inventory.  ( 30 min )
    ‘We are burned out’: UAW ready to take on automakers in contract negotiations
    Amid record profits, workers want to roll back concessions made to auto industry after the 2008 economic recession  ( 35 min )
    Money market funds hit record as investors jump at 5% returns
    The Fed's interest rate hikes have driven money market fund yields to their highest level in decades with balances at a record high as investors look to beat inflation.  ( 32 min )
    Europe’s Gas-Guzzling Days Are Fading
    In a reality check for natural-gas producers, volatile prices are prompting European homes and factories to go green faster than expected.  ( 25 min )
    Nvidia earnings will be major test for AI demand, market rally
    Nvidia investors expect the chip designer to forecast quarterly revenue above estimates when it reports results on Wednesday. Nvidia shares have nearly tripled in value this year, swelling the company's market valuation by more than $700 billion and making it the first trillion-dollar chip firm. The blistering rally in its shares means that Nvidia has little room for any earnings-related disappointment and anything other than a higher-than-expected forecast could trigger a rout in its stock, some analysts have warned.  ( 32 min )
    Chinese Stocks Drop. China’s Central Bank Delivered This Unwelcome Surprise.
    The People’s Bank of China reduced its one-year loan prime rate by 0.1 percentage point to 3.45% while the five-year rate was kept unchanged at 4.2%, disappointing investors.  ( 26 min )
    Futures climb as focus shifts to Powell at Jackson Hole, Nvidia earnings
    Fresh evidence of a robust U.S. economy last week yet again stoked expectations that the Federal Reserve could keep rates higher for longer, driving 10-year Treasury yield to its highest level since October. Investors are now keenly waiting for comments from Fed Chair Jerome Powell on Friday at a meeting of central bankers at Jackson Hole in Wyoming that begins on Aug. 24.  ( 32 min )
    Morgan Stanley Sees Mood on US Stocks Souring, Goldman Disagrees
    (Bloomberg) -- Two of Wall Street’s top strategists are at odds about the outlook for US stocks following a three-week run of declines as debate rages over whether the economy can avoid a recession.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefBond Bulls at JPMorgan, Allianz Keep Piling Into a Bet Gone BadPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityCargill Tests 123-Foot-Tall Sails in Effort to Slash Fuel BurnWhile Morgan Stanley’s Michael  ( 32 min )
    Bitcoin Has Fallen Through Key Technical Levels. The Worst May Not Be Over.
    After weeks of historically low volatility, Bitcoin snapped back into action late last week with a dramatic selloff. More declines may be coming.  ( 26 min )
    China's state banks seen mopping up offshore yuan liquidity - sources
    China's major state-owned banks were seen actively mopping up offshore yuan liquidity on Monday, three people with knowledge of the matter said, a move that raised the cost of shorting the Chinese currency. State banks often act as agents for China's central bank in the offshore foreign exchange market, but they could also trade on their own behalf or execute their clients' orders. Tightening up offshore yuan liquidity could also act to stabilise the yuan, said one of the sources.  ( 30 min )
    Car Prices Might Be Unsustainable for Buyers
    Surging loan delinquencies signal that many consumers can’t afford their auto loans.  ( 27 min )
    AI Funds Are Missing Out on the AI Stock Boom
    Tech stocks are powering the bull market, but AI-powered exchange-traded funds are lagging behind.  ( 26 min )
    Oil Rises for Third Day as Tighter Market Vies With Demand Risks
    (Bloomberg) -- Oil rose for a third day as signs the physical market is tightening and a stall in the dollar’s rally offset growing demand risks in China and the US.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityBond Bulls at JPMorgan, Allianz Double Down on Bet Gone BadRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionGlobal benchmark Brent traded above $85 a barrel, and is up more t  ( 31 min )
    Stocks to Watch Monday: Palo Alto Networks, Zoom, Tesla
    ↗️ Palo Alto Networks (PANW): Shares rose more than 12% in premarket trading after the cybersecurity firm's earnings beat analysts' estimates. The unusually timed Friday-night release [had Wall Street worried](https://www.wsj.com/articles/cybersecur  ( 21 min )
    The old office is going extinct. Here’s what the new normal of work looks like
    Full-time in-office work is going the way of the dinosaurs. Now the choice is between hybrid and fully remote work, the survivors in the new world of work.  ( 35 min )
    U.S. Stock Futures Gain, Nasdaq Leads, With Nvidia in Focus
    U.S. stock futures were rising early on Monday after another losing week. Earnings from Nvidia and messages from the Jackson Hole symposium of central bankers are set to be the highlights of the week. Dow Jones Industrial Average futures were up 75 points, or 0.2%. S&P 500 futures gained 0.4% and N  ( 12 min )
    Palo Alto Has Healthy Momentum, Says Analyst. Its Positive Outlook Was a Relief.
    Palo Alto Networks reassured analysts with its earnings report after a brief panic over its unusual timing. It's a relief for cybersecurity peers CrowdStrike and Zscaler.  ( 27 min )
    Hang Seng Index Sees Longest Losing Streak Since 2021 Amid Gloom
    (Bloomberg) -- Chinese stocks extended losses as mainland banks surprisingly kept a key interest rate that’s linked to mortgages on hold, in a move that sent mixed messages on the country’s commitment to support the embattled property sector. Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityBond Bulls at JPMorgan, Allianz Double Down on Bet Gone BadRolls-Royce Debuts Droptail Roadster, Priced at Over  ( 32 min )
    These Stocks Are Moving the Most Today: Palo Alto, Meta, Napco Security, Nvidia, Zoom Video, and More
    Palo Alto Networks' fiscal fourth-quarter earnings top analysts' expectations, a report says Meta Platforms is expected this week to launch of desktop version of its microblogging app Threads, Zoom Video reports earnings after the close of trading Monday, and Nvidia reports later in the week.  ( 27 min )
    Adyen’s Most Bearish Analyst Predicts More Steep Stock Declines
    (Bloomberg) -- Adyen NV’s most skeptical analyst isn’t allowing others to wrestle away his position as the most bearish on the Street.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityBond Bulls at JPMorgan, Allianz Double Down on Bet Gone BadRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionCitigroup Inc.’s Pavan Daswani, who had the lowest price target ahead of last week’s share-price  ( 31 min )
    Citi Weighs Split of Institutional Clients Group: FT
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    China’s Surprise Move on Loan Rates Shows Banks Under Pressure
    (Bloomberg) -- Chinese banks made a smaller-than-expected cut to their benchmark lending rate on Monday and avoided trimming the reference rate for mortgages, despite the central bank putting pressure on lenders to boost loans. Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionChina Urges More Loans, Debt Risk Reduction as Woes CompoundAl  ( 31 min )
    Goldman Cuts China Stock Targets on Renewed Property Concerns
    (Bloomberg) -- Chinese stocks will settle in a lower trading range than previously expected until Beijing introduces more forceful policy responses to address the contagion risk from a property slump, according to Goldman Sachs Group Inc.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionChina Urges More Loans, Debt Risk Reduction as Woes  ( 32 min )
    Napco Security falls sharply after accounting errors lead to restatements
    Investing.com -- Shares in Napco Security Technologies Inc (NASDAQ:NSSC) shed over a third of their value in premarket U.S. trading Monday after the high-tech electronic security equipment manufacturer said it would revise its financial statements over the first three quarters of its 2023 fiscal year.  ( 31 min )
    Some Country Garden bondholders demand full payment on yuan note
    (Bloomberg) -- Some of Country Garden Holdings Co.’s bondholders are demanding full repayment of a local bond due early next month, after the embattled Chinese property developer proposed a three-year extension for the yuan-denominated note.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityBond Bulls at JPMorgan, Allianz Double Down on Bet Gone BadRolls-Royce Debuts Droptail Roadster, Priced at Over $  ( 31 min )
    Stock market today: Global stocks up as traders await Fed conference for interest rate update
    Asian stocks were mixed Monday as traders looked ahead to the Federal Reserve’s summer conference for signs of whether the U.S. central bank thinks inflation is under control or more interest rate hikes are needed to cool inflation. Wall Street’s benchmark S&P 500 index edged down 0.1% on Friday to end the week lower ahead of the Jackson Hole, Wyoming, conference. Fed officials have used the event in previous year's to indicate changes in policy direction.  ( 33 min )
    Summer of angst as bond yields surge and global stocks wobble
    The MSCI All Country World Index is down nearly 6% from its recent highs, though still up 10% for the year. One key worry for investors is a surge in bond yields that has come as signs of stronger-than-expected growth in parts of the global economy fuel bets on central banks leaving interest rates at current levels for longer than expected. Meanwhile, U.S. real yields, which show what investors can expect to earn on government bonds after adjusting for inflation, stand near their highest point since 2009.  ( 33 min )
    Marketmind: China takes the slow road on stimulus
    This time the China chose to only trim its one-year benchmark lending rate by 10 basis points and leave the five-year rate unchanged, surprising analysts who had looked for cuts of 15 basis points in both. The news knocked Chinese blue-chips to a nine-month low and kept pressure on the yuan even as the People's Bank of China (PBOC) tried to support it with another firm fixing. Analysts estimate Chinese banks sold at least $2 billion offshore last week on behalf of the PBOC, but only managed a temporary pause in the yuan's decline.  ( 31 min )
    Banks Don’t Love Rich Mortgage Borrowers as Much as They Used To
    The Federal Reserve’s interest-rate hikes and recent bank failures mean lenders aren’t competing so fiercely for jumbo loans.  ( 27 min )
    China Stocks Fall on Less-Than-Expected Support: Markets Wrap
    (Bloomberg) -- The dollar inched lower versus most of its major counterparts while Asian equity futures pointed to a cautious open to trading. Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionChina Urges More Loans, Debt Risk Reduction as Woes CompoundBruised Stocks Face Week Full of Tests, From Nvidia to PowellInvestors will be focused  ( 32 min )
    Chinese Stock Rout Sparks Buying Pledges by Mutual Funds
    (Bloomberg) -- Some of China’s largest mutual fund houses have promised to buy their own equity-focused products, heeding calls from authorities to bolster the market as a selloff continues.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionChina Urges More Loans, Debt Risk Reduction as Woes CompoundE-Fund Management Co. and China Asset Ma  ( 31 min )
    Chinese Developers’ Shares Fall After PBOC Holds Mortgage Rate
    Shares of many Chinese property developers fell as investor sentiment took a hit after the country’s central bank kept its mortgage rate unchanged, exacerbating concerns over problems in the country’s property sector.  ( 25 min )
    Australia Eyes Three Lost Years of Commodities Sales to China
    (Bloomberg) -- Three years of trade curbs have gutted Australia’s exports to China across a bunch of commodities, from luxury items like lobster to vital fuels like coal.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionChina Urges More Loans, Debt Risk Reduction as Woes CompoundBeijing imposed a variety of restrictions in 2020, from tari  ( 34 min )
    Baidu’s Results May Shake Optimism Over China AI: Tech Watch
    (Bloomberg) -- Investors betting on an extension of Baidu Inc.’s market-beating rally may be due for a reality check as concerns about the sluggish Chinese economy and setbacks from a key segment of its business deepen. Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionChina Urges More Loans, Debt Risk Reduction as Woes CompoundAlas, Trum  ( 33 min )
    China surprises with modest rate cut amid growing yuan risks
    China cut its one-year benchmark lending rate on Monday, as expected, as authorities seek to ramp up efforts to stimulate credit demand, but surprised markets by keeping the five-year rate unchanged. The one-year loan prime rate (LPR) was lowered by 10 basis points to 3.45% from 3.55% previously, while the five-year LPR was left at 4.20%. Most new and outstanding loans in China are based on the one-year LPR, while the five-year rate influences the pricing of mortgages.  ( 30 min )
    Bitcoin, Ether stable after last week’s nosedive; XRP leads crypto gains; US stock futures mixed
    Bitcoin edged up on Monday morning in Asia to trade above US$26,000, after sliding over 10% for the week. Ether also moved higher but remained below US$1,700.  ( 33 min )
    Oil Gains on Chinese Policies, Tighter Market
    Oil futures gained in early Asian trade as the market shows sign of tightening and after China announced more policies to boost economic growth.  ( 24 min )
    Yellow bankruptcy sparks bidding war, $1.5 billion bid submitted for trucking terminals
    Yellow Trucking company filed for chapter 11 bankruptcy in early August and now companies are beginning to bid for the company's assets, which include 160 trucking terminals.  ( 31 min )
    Oil rises on lower OPEC+ exports in August
    (Reuters) -Oil prices rose on Monday as global supply is tightening with lower exports from Saudi Arabia and Russia, offsetting nagging concerns about global demand growth amid high interest rates. Brent crude climbed 61 cents to $85.41 a barrel by 0649 GMT, while U.S. West Texas Intermediate crude was at $81.88 a barrel, up 63 cents. Both front-month benchmark prices snapped a 7-week winning streak last week to post a weekly loss of 2% after the U.S. dollar strengthened on the possibility interest rates could remain higher for longer, with China's property crisis adding to concerns about its sluggish economic growth and oil demand.  ( 32 min )
    Asia braces for disappointment on China rate cuts
    Asian markets held their breath on Monday as investors waited to see how serious Beijing was about policy easing via widely expected rate cuts, having so far sorely disappointed with its stimulus steps. The central bank on Sunday said Beijing would coordinate financial support to resolve local government debt problems, and there have been reports it was encouraging commercials banks to lend more. Investors, however, would prefer massive fiscal spending to minor rate cuts and there is little sign of that as yet.  ( 32 min )
    DuPont to sell Delrin resins unit to PE firm for around $1.8 billion - Bloomberg News
    Jordan Company could announce the deal as soon as this week, the report said, adding that no final decision has been made and that talks could still fall apart. Lone Star and Platinum Equity were the other bidders for the assets, Bloomberg News had reported earlier in the month. DuPont had earlier this month raised its 2023 sales forecast betting on demand picking up for its materials used to make a wide range of products including automotive components and semiconductors.  ( 31 min )
    Taiwan’s Biggest Financial Firm Braces for Deeper China Turmoil
    (Bloomberg) -- Taiwan’s biggest financial conglomerate has cut back on its exposure to China as it braces for any deeper fallout from the property crisis in the world’s second-largest economy.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionChina Urges More Loans, Debt Risk Reduction as Woes CompoundFubon Financial Holding, which operate  ( 33 min )
    Fed Can’t Celebrate Yet as Investors Expect Rates, Inflation to Remain Elevated
    (Bloomberg) -- If they’d been offered today’s economy a year ago – with inflation downgraded from emergency to mere headache, still-low unemployment, and growth that’s slowed without stalling – the world’s top central bankers would’ve taken it like a shot.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionChina Urges More Loans, Debt Risk  ( 33 min )
  • Open

    Does Life Insurance Provide Peace of Mind?
    Life insurance can provide peace of mind, but only if you buy the right type of policy and amount of coverage. Here's how.  ( 26 min )
    Darla Moore School of Business Definition
    The Darla Moore School of Business is the business school of the University of South Carolina.  ( 19 min )
    S&P 500 Gains and Losses Today: Tech Stocks Lead Index Higher
    The S&P 500 posted a 0.7% gain to start the trading week on Monday, Aug. 21, 2023, boosted by strong performance from technology stocks.  ( 16 min )
    Permian Resources to Acquire Earthstone Energy in $4.5 Billion All-Stock Deal
    Permian Resources announced a $4.5 billion deal for rival driller Earthstone that it said will improve its position in the Delaware basin and accelerate shareholder returns.  ( 17 min )
    Multiline Insurance
    Multiline insurance can refer to complex insurance instruments used to bundle risk exposures, or to agencies that write consumer policies for many lines.  ( 19 min )
    Playing It Safe in Foreign Stock Markets
    Find out some of the lower-risk ways to invest in foreign markets.  ( 20 min )
    Can Your Insurance Company Drop You After an Accident?
    It is possible for an insurer to cancel your policy after an accident but unlikely, unless you are a high-risk driver.  ( 20 min )
    Block Height: What it Means in Cryptocurrency
    Block Height indicates the overall length of a blockchain.  ( 19 min )
    Medical Care for Service Members
    The Military Health System (MHS), through TRICARE, provides medical care to active-duty and reserve-duty service members. Here’s how it works.  ( 25 min )
    More Analysts Believe Economy Will Have A 'Soft Landing'
    A growing number of business economists believe the U.S. economy can avoid a long-predicted recession.  ( 18 min )
    Shares of Moderna and Other COVID-19 Vaccine Makers Surge Amid Booster Push as Cases Rise
    Shares of COVID-19 vaccine makers including Moderna and Novavax surged on Monday after a report that the Biden administration plans to urge Americans to get booster shots for the fall, as new subvariants emerge and cases rise.  ( 17 min )
    How to Get Help From the Mortgage Relief Program
    You could suspend your mortgage payments for up to 360 days under federal law if your income was affected by COVID-19. There's still some help available.  ( 28 min )
    Top CD Rates Today: National Leader Holding at 5.75%, Plus One New Top-Tier Option
    Today's best CD rates are 5.75% APY from MapleMark Bank for 1 year, 5.65% APY from Dow Credit Union for 3 months, and 5.56% APY from TotalDirectBank.  ( 19 min )
    Average Expected Wages Hit Record High
    The lowest annual salary workers are willing to accept on average is the highest it's ever been.  ( 17 min )
    Want To Buy A Typical Home? Better Have A Six-Figure Income
    Today’s soaring home prices and mortgage rates mean the typical household falls short of the income needed to buy the median-priced home by more than $20,000 a year.  ( 17 min )
    Palo Alto Networks Shares Surge After Earnings Beat on Cybersecurity Demand
    Shares of Palo Alto Networks rallied after the company beat expectations for earnings on strong demand for the firm's cybersecurity services.  ( 17 min )
    What Are the Most Important Aspects of a Capitalist System?
    Important aspects of a capitalist system include private property, private control of the factors of production, accumulation of capital, and competition.  ( 25 min )
    Brick-and-Mortar Stores: Types, Advantages, and Disadvantages
    The term "brick-and-mortar" refers to a traditional business that offers its products and services to its customers in an office or store, as opposed to an online-only business.  ( 23 min )
    The Present and Future Prospects for Big Tech Stocks
    Dan Ives, Senior Equity Analyst for Wedbush Securities and one of the industry's top analysts, takes stake of the recent selloff in tech stocks, and paints a picture of the AI future for companies including Apple, Tesla, Palantir and GM.  ( 19 min )
    Grandfather Clause: History and Types of Legacy Clauses
    A grandfather clause is an exemption that allows people or entities to continue with activities that were approved before the implementation of new rules or laws.  ( 22 min )
    How Tax Cuts Affect the Economy
    An increase or decrease in taxes affects the economy and spending decisions of individuals in higher and lower income brackets.  ( 22 min )
    What Are Examples of Cost of Goods Sold (COGS) for Businesses That Sell Online?
    Discover how online retailers can list certain expenses as a cost of goods sold (COGS) and even claim a tax deduction for them.  ( 22 min )
    Press Release: What It Is, How It Works, Pros and Cons
    A press release is a newsworthy or informational article usually issued by a firm’s public relations department.  ( 22 min )
    What Is Purchasing Power Parity (PPP), and How Is It Calculated?
    Purchasing power parity (PPP) compares economic growth and standards of living in different countries with a common currency/basket of goods approach.  ( 25 min )
    How Do Same-Year Tax Deductions Work for Capital Expenditures (CapEx)?
    Understand the meaning of capital expenditures (CapEx) and find out the implications for companies resulting from relevant tax laws.  ( 22 min )
    Mom-and-Pop: Meaning and Examples for Businesses and Investors
    "Mom-and-pop" is a colloquial term used to describe a small, family-owned or independent business. These types of operations often struggle to compete with more substantial establishments.  ( 24 min )
    How to Grow a Successful Business
    To build a successful business, you need more than a good—or even great—idea. Whatever type of business you have in mind, these nine essential tips can help you get it started and keep it growing.  ( 27 min )
    Small Business Administration (SBA): Definition and What It Does
    The Small Business Administration (SBA) is a U.S. government agency established to promote and strengthen the overall economy by assisting small businesses.  ( 28 min )
    IRS Offers Tax Deadline Relief To Maui Disaster Zone Residents
    The IRS has extended various tax deadlines for residents of Maui and Hawaii Counties, which were ravaged by wildfires last week.  ( 18 min )
    Markets Mixed in Midday Trading as Tech Stocks Surge
    U.S. equity markets were mixed in midday trading on Monday, Aug. 21, 2023 as tech stocks surged and Treasury yields rose.  ( 16 min )
    How the Unemployment Rate Affects Everybody
    Depending on how it's measured, the unemployment rate is open to interpretation. Learn how to find the real rate and how it affects everyone.  ( 27 min )
    Napco Shares Tumble After Accounting Errors in Earnings Reports
    Shares in Napco lost 40% of their value after the company said its first three quarters would be restated after errors.  ( 17 min )
    Proof of Capacity (Cryptocurrency) Overview
    Proof of Capacity is a consensus mechanism that uses a mining node’s hard drive space to decide the mining rights on the blockchain network.  ( 20 min )
    DuPont Agrees to Sell $1.8 Billion Resins Unit to Jordan Co. It Refocuses
    Materials manufacturer DuPont de Nemours Inc. (DD) has agreed to sell its 80.1% controlling stake in Delrin to private equity firm The Jordan Company in a deal valued at $1.8 billion.  ( 17 min )
    Broadcom's $69 Billion Acquisition of VMware Approved by UK Regulators
    The U.K.'s Competition and Markets Authority gave the green light for Broadcom's $69 billion purchase of VMware.  ( 17 min )
    Marsh to Acquire Australian Company in $448 Million Deal
    The companies may need regulatory approvals before making the purchase official  ( 16 min )
    Mortgage Rates Wavering Near 21-Year Peak
    Mortgage rates held close to the 21-year highs they reached last week, with the 30-year average easing just a few basis points lower. All jumbo and ARM averages were flat.  ( 20 min )
    Meta's Threads Could Launch a Web Version as Soon as This Week
    A web version of Threads, Meta Platforms' chat-based social media app linked to Instagram, could launch as soon as this week, as executives aim to boost user engagement and signups.  ( 17 min )
    Hashed Timelock Contract (HTLC): Overview and Examples in Crypto
    A hashed timelock contract (HTLC) is a smart contract used in cryptocurrencies to configure time-bound contracts.  ( 21 min )
    The Public Credits the Fed For Stifling Inflation—Here’s Why That Matters
    The public largely believes the Federal Reserve is responsible for how much inflation has cooled down over the past years—and that could be music to the ears of policymakers.  ( 18 min )
    5 Things to Know Before Markets Open
    Meta Platforms is planning to launch a web version of its Threads app and Palo Alto Networks posts a stronger-than-expected billings forecast on reception of its AI security platform. Here’s what investors need to know today.  ( 19 min )
    Incentive Stock Options (ISO): Definition and Meaning
    An incentive stock option (ISO) is an employee benefit that gives the right to buy stock at a discount with a tax break on any potential profit.  ( 22 min )
    The Volatility Surface Explained
    The volatility surface is a three-dimensional plot of stock option implied volatility seen to exist due to discrepancies in the stock market.  ( 22 min )
    Line Chart: Definition, Types, Examples, How To Make in Excel
    A line chart connects a series of data points with a line and is used by traders to monitor closing prices.  ( 22 min )
    Renewable Energy Certificate (REC): Definition, Types, Example
    A Renewable Energy Certificate is proof of the production of one megawatt-hour (MWh) of electricity generated from a renewable energy resource.  ( 19 min )
    Operating Income vs. EBITDA: What's the Difference?
    Operating income and EBITDA are both important numbers when analyzing a company's earnings. However, they are different measures of profitability.  ( 20 min )
    What Is Embezzlement, and How Does It Happen?
    Embezzlement is a form of fraud wherein a person or entity intentionally misappropriates assets for personal use.  ( 24 min )
    Being a Venture Capitalist: A How-to Guide
    So you want to be a venture capitalist? Learn what it takes, where to start, and what kind of attitude you will need to take on the world of venture capitalism.  ( 26 min )
    How to Cut Car Insurance Costs
    Consumers may not know they can shop for cheaper car insurance. This article features step-by-step instructions on how to evaluate and cut your costs.  ( 18 min )
    Understanding Perfect vs. Imperfect Competition
    Perfect competition is a concept in microeconomics that describes a market structure controlled entirely by market forces. If and when these forces are not met, the market is said to have imperfect competition.  ( 22 min )
    How Are Cost of Goods Sold and Cost of Sales Different?
    Cost of goods sold and cost of sales both represent direct costs involved in production. However, some companies use one term rather than the other.  ( 18 min )
    The Impact of an Inverted Yield Curve
    Understand how the relationship between short- and long-term interest rates contributes to an inverted yield curve—a noteworthy economic event.  ( 27 min )
    Is Guaranteed Life Insurance Worth It?
    Guaranteed life insurance doesn't require a medical exam or other health information, but it's more expensive than other kinds of insurance.  ( 21 min )
  • Open

    S&P 500 Gains and Losses Today: Tech Stocks Lead Index Higher
    The S&P 500 posted a 0.7% gain to start the trading week on Monday, Aug. 21, 2023, boosted by strong performance from technology stocks.  ( 1 min )
    Markets Mixed in Midday Trading as Tech Stocks Surge
    U.S. equity markets were mixed in midday trading on Monday, Aug. 21, 2023 as tech stocks surged and Treasury yields rose.  ( 1 min )
    Napco Shares Tumble After Accounting Errors in Earnings Reports
    Shares in Napco lost 40% of their value after the company said its first three quarters would be restated after errors.  ( 1 min )
    5 Things to Know Before Markets Open
    Meta Platforms is planning to launch a web version of its Threads app and Palo Alto Networks posts a stronger-than-expected billings forecast on reception of its AI security platform. Here’s what investors need to know today.  ( 1 min )
  • Open

    Shares of Moderna and Other COVID-19 Vaccine Makers Surge Amid Booster Push as Cases Rise
    Shares of COVID-19 vaccine makers including Moderna and Novavax surged on Monday after a report that the Biden administration plans to urge Americans to get booster shots for the fall, as new subvariants emerge and cases rise.  ( 1 min )
    Permian Resources to Acquire Earthstone Energy in $4.5 Billion All-Stock Deal
    Permian Resources announced a $4.5 billion deal for rival driller Earthstone that it said will improve its position in the Delaware basin and accelerate shareholder returns.  ( 1 min )
    Palo Alto Networks Shares Surge After Earnings Beat on Cybersecurity Demand
    Shares of Palo Alto Networks rallied after the company beat expectations for earnings on strong demand for the firm's cybersecurity services.  ( 1 min )
    DuPont Agrees to Sell $1.8 Billion Resins Unit to Jordan Co. It Refocuses
    Materials manufacturer DuPont de Nemours Inc. (DD) has agreed to sell its 80.1% controlling stake in Delrin to private equity firm The Jordan Company in a deal valued at $1.8 billion.  ( 1 min )
    Broadcom's $69 Billion Acquisition of VMware Approved by UK Regulators
    The U.K.'s Competition and Markets Authority gave the green light for Broadcom's $69 billion purchase of VMware.  ( 1 min )
    Meta's Threads Could Launch a Web Version as Soon as This Week
    A web version of Threads, Meta Platforms' chat-based social media app linked to Instagram, could launch as soon as this week, as executives aim to boost user engagement and signups.  ( 1 min )
    Marsh to Acquire Australian Company in $448 Million Deal
    The companies may need regulatory approvals before making the purchase official  ( 1 min )
  • Open

    Huizenprijzen weer in de lift na maanden van daling
    De prijs van een koophuis was in juli gemiddeld 0,5 procent hoger dan een maand eerder. Ook in juni was al sprake van een kleine stijging. De maanden daarvoor zakten de huizenprijzen juist iets. Dat blijkt uit cijfers van statistiekbureau CBS en het Kadaster.  ( 4 min )
    Iconische stem van It's-a me, Mario en Mamma mia stopt bij Nintendo
    De iconische uitspraken "It's-a me, Mario" en "Mamma mia" in Super Mario zullen binnenkort wellicht anders klinken. De stem achter Mario, Charles Martinet, houdt er namelijk mee op.  ( 3 min )
    Fatbikes worden om de haverklap gestolen, ANWB stopt met verzekeren
    Wie zijn fatbike wil verzekeren, kan vanaf volgende maand niet meer bij de ANWB terecht. De bond stopt op 6 september voorlopig met het aanbieden van verzekeringen, omdat de elektrische fietsen met dikke banden aan de lopende band worden gestolen.  ( 3 min )
    Autoverzekering kan flink duurder worden als je binnen eigen wijk verhuist
    Wie naar een woning een paar straten verderop verhuist, kan zomaar honderden euro's extra kwijt zijn aan een autoverzekering. Dat blijkt uit onderzoek van vergelijkingssite Geld.nl.  ( 3 min )
    Gifbeker voor Adyen niet leeg: koers daalt nog eens ruim 5 procent
    Beleggers willen nog steeds van hun Adyen-aandelen af. Op de Amsterdamse beurs zakte de koers maandagochtend zo'n 5,5 procent, nadat Adyen donderdag en vrijdag ook al flink minder waard was geworden.  ( 3 min )
    Gasprijs flink gestegen door dreigende stakingen in Australië
    De prijs voor aardgas is maandagochtend hard opgelopen. Handelaren moesten op een bepaald moment zelfs 18 procent meer betalen voor een megawattuur. Oorzaak hiervan zijn mogelijke stakingen bij productielocaties in Australië.  ( 3 min )
    Veel Vattenfall-klanten gaan minder betalen voor gas en stroom
    Vattenfall verlaagt per 1 oktober de energietarieven voor een deel van zijn klanten. Dit komt doordat het bedrijf zijn stroom en gas zelf goedkoper kan inkopen. Huishoudens gaan er volgens de leverancier gemiddeld zo'n 95 euro per jaar op vooruit.  ( 4 min )
    China grijpt opnieuw in om kwakkelende economie uit het slop te halen
    De Chinese centrale bank heeft voor de derde keer in drie maanden de rente verlaagd. Peking hoopt dat Chinezen daardoor hun geld weer laten rollen en ook dat bedrijven meer gaan investeren. Dit moet de zwakke economie op de rails krijgen.  ( 3 min )
    Klokkenluider: 'Slecht communicatienetwerk politie zet levens op het spel'
    Het communicatienetwerk C2000 van de politie kampt met zoveel problemen, dat er vroeg of laat slachtoffers gaan vallen. Daarvoor waarschuwt een klokkenluider. Politieagenten op straat kunnen in crisissituaties niet op het netwerk vertrouwen.  ( 12 min )
    Klokkenluider: 'Door slecht communicatienetwerk politie staan levens op het spel'
    Het communicatienetwerk C2000 van de politie kampt met zoveel problemen, dat er vroeg of laat slachtoffers gaan vallen. Daarvoor waarschuwt een klokkenluider. Politieagenten op straat kunnen in crisissituaties niet op het netwerk vertrouwen.  ( 11 min )
    Klokkenluider: 'Problemen in communicatienetwerk politie zetten levens op het spel'
    Het communicatienetwerk C2000 van de politie kampt met zoveel problemen, dat er vroeg of laat slachtoffers gaan vallen. Daarvoor waarschuwt een klokkenluider. Politieagenten op straat kunnen in crisissituaties niet op het netwerk vertrouwen.  ( 11 min )

  • Open

    3 Reasons Costco Is a Great Company
    The warehouse club model pioneered by Costco has proven to be a winner even as the company ignores conventional marketing and advertising tactics.  ( 23 min )
    SQQQ: ProShares UltraPro Short QQQ ETF
    Take a closer look at the ProShares UltraPro QQQ Short ETF, a small, inverse-leveraged ETF that relies on a poor performance from the Nasdaq stock exchange.  ( 21 min )
    Can You Lease a Used Car?
    Used-car leases are rarer than leases on new cars, but they can be a viable option, especially if you’re looking to save some money.  ( 17 min )
    What Is SR-22 Insurance and What Does It Do?
    SR-22 'insurance' is a certificate your state may require if your driver's license has been suspended or revoked and you want to get it reinstated.  ( 22 min )
    How To Profit From Inflation
    Changes in the inflation rate can present challenges for investors as well as consumers. Learn how to turn these challenges into opportunities.  ( 28 min )
    Understanding Economies of Scope vs. Economies of Scale
    Learn about economies of scope and economies of scale, the differences between them, and how they offer cost advantages to companies.  ( 24 min )
    Corporate Bonds: Advantages and Disadvantages
    Corporate bonds can provide compelling returns even in low-yield times. But they are not without risks.  ( 21 min )
    China’s Economic Indicators
    If you're considering investing in China and want to know when to buy, sell, hold or stay away, consider these economic indicators.  ( 20 min )
    Crowding-Out and Multiplier Effect Theories of Government Stimulus
    Some economists theorize that the crowding-out effect negates the multiplier effect induced by government stimulus spending. Learn more about how this happens.  ( 21 min )
    Who Uses Libor Data and Why?
    LIBOR is a crucial benchmark reference rate with global economic impact.  ( 21 min )
    Why Interest Rates Affect Everyone
    Learn why interest rates are one of the most important economic variables and how every individual and business is affected by rate changes.  ( 19 min )
    5 Economic Effects of Country Liberalization
    Liberalization of countries in emerging markets provides new opportunities for investors to increase their diversification and profit.  ( 21 min )
    The Origins of the Law of Supply and Demand
    Learn about the origins of the law of supply and demand, an important economic principle that's centuries old but still affects today's economy.  ( 22 min )
    Vision Care Insurance
    Vision insurance covers expenses such as eye exams, contact lenses, eyeglass lenses, and frames. Learn about vision insurance costs and availability.  ( 21 min )
    Can Infrastructure Spending Really Stimulate the Economy?
    Public infrastructure spending is a popular policy tool intended to boost the economy, but it may only be effective in certain circumstances. Learn when it works.  ( 27 min )
    How Bitcoin Works
    Miners, hashes, keys, cold storage, blocks—it can all get confusing. Learn more about it all so that you can understand how Bitcoin works beyond a wallet.  ( 25 min )
    How Immigration Affects the Economy
    A review of how immigration affects wages (especially for low-skilled jobs), productivity, government revenue, and the aging of America.  ( 25 min )
    Explaining the World Through Macroeconomic Analysis
    From unemployment and inflation to government policy, learn what macroeconomics measures and how it affects everyone.  ( 26 min )
    FANG Stocks: Definition, Companies, Performance, and How to Invest
    In finance, the acronym "FANG" refers to the stocks of four technology companies: Facebook (META), Amazon (AMZN), Netflix (NFLX), and Google (GOOG).  ( 22 min )
    American Land Title Association (ALTA): What it is, How it Works
    The American Land Title Association is a trade association representing the title insurance industry, seeking to improve industry oversight.  ( 19 min )
    Collision Insurance: What it is, How it Works
    Collision insurance is auto coverage that reimburses the insured for damage sustained to their personal automobile, due to the fault of the insured driver.  ( 17 min )
    Media Kit: Meaning, Components, Examples
    A media kit is a package of information a company assembles to provide reporters or other interested parties with basic information about itself.  ( 21 min )
    No-Fault Insurance
    No-fault auto insurance can cover your medical bills after an accident. Learn how no-fault insurance works and which states require it.  ( 22 min )
    Darknet Market: Meaning, Products, Silk Road
    Darknet markets, or cryptomarkets, are sites on the dark web offering illicit goods that can be purchased anonymously.  ( 19 min )
    Bitcoin's Fair Value Guide
    Here's how to determine the fair market value of a currency that has appreciated faster than the shares of even the hottest technology stocks.  ( 21 min )
    American Funds vs. The Vanguard Group: What's The Difference?
    Here are the differences between two of the largest mutual fund families, American Funds and The Vanguard Group, and how their returns match up.  ( 23 min )
    What Is an Irrevocable Beneficiary? Definition and Rights
    An irrevocable beneficiary has guaranteed rights to assets in an insurance policy or a segregated fund.  ( 23 min )
    The 5 Largest Developed Market ETFs (EFA, VEA)
    Find out which developed-market ETFs manage the greatest asset base, and why major U.S. equity-only funds are not included in the calculation.  ( 19 min )
    How to Avoid Getting Delisted From Nasdaq
    On the Nasdaq, the delisting process is set in motion when a company trades for 30 consecutive business days below the minimum bid price or market cap.  ( 25 min )
    Nearly 3 in 4 Americans Think Credit Cards Make Managing Finances Challenging
    Credit cards are a source of stress as balances creep up for nearly three in four (73%) consumers.  ( 18 min )
    As Streaming Becomes More Expensive, Cable Becomes Viable Alternative
    The recent rising prices of online streaming entertainment services may render them equal to–or less affordable than–traditional cable or satellite packages.  ( 18 min )
    The Renaissance Tour Could Earn $2 Billion—Here's Beyoncé's Net Worth
    Beyoncé's Renaissance World Tour could make Beyoncé the highest-grossing female artist of all time. Here is how she makes her millions.  ( 21 min )
    Yearly Renewable Term Plan of Reinsurance: Meaning, How it Works
    Yearly renewable term plan of reinsurance transfers mortality risk from an insurer to a reinsurer through a process of cession.  ( 20 min )
    How to Evaluate Companies With Negative Cash Flow Investments
    Negative cash flow from investing activities could be a warning sign or a sign of future growth. Here's how to tell which it is.  ( 22 min )
    Getting the Best Quotes on Homeowners Insurance
    Homeowners have many options when it comes to insurance and it's best to obtain multiple quotes on homeowners insurance before securing a new policy.  ( 21 min )
    Sovereign Default: Definition, Causes, Consequences, and Example
    Sovereign default is the failure of a government to repay its country's debts. Foreign lenders have little chance of recouping their money when a nation defaults.  ( 27 min )
    How Much U.S. Debt Does China Own?
    China owns more than $859.4 billion in U.S. debt. That's less than the U.S. debt owned by Japan and represents about 2.6% of the total U.S. debt. Learn more.  ( 23 min )
    Franchise Cover Definition
    Franchise cover is a reinsurance plan whereby the claims from a number of policies are aggregated to form a reinsurance claim.  ( 18 min )
  • Open

    3 Reasons Costco Is a Great Company
    The warehouse club model pioneered by Costco has proven to be a winner even as the company ignores conventional marketing and advertising tactics.  ( 23 min )
    Raymond James Says These New Warren Buffett Stock Picks Have Double-Digit Upside Potential
    Sometimes identifying the best stocks to buy can be difficult, but you could do a lot worse than checking out the stocks selected by one of the world’s savviest hedge fund managers – Warren Buffett. Buffett’s stock picks are a popular source of inspiration for investors, and for good reason. His formidable stock-picking ability has given him the nickname ‘the Oracle of Omaha’ and a fortune of ~$117 billion, making him one of the richest people in the world. His firm, Berkshire Hathaway, is also  ( 35 min )
    SQQQ: ProShares UltraPro Short QQQ ETF
    Take a closer look at the ProShares UltraPro QQQ Short ETF, a small, inverse-leveraged ETF that relies on a poor performance from the Nasdaq stock exchange.  ( 21 min )
    Stocks Poised to Open Higher
    Federal Chairman Jerome Powell will speak Friday at the Federal Reserve Bank of Kansas City's Economic Policy Symposium in Jackson Hole, Wyo.  ( 26 min )
    Marketmind: China to cut rates, but will it 'go big'?
    The People's Bank of China is expected to cut interest rates on Monday, but it may have to throw caution to the wind and 'go big' if it is to soothe the nervousness and concern around China currently sweeping through financial markets. The Chinese central bank's policy decision is one of three in Asia for investors to take in this week, with the Bank of Korea and Bank Indonesia both expected to keep interest rates on hold on Thursday.  ( 31 min )
    Buying a Home Is Getting Out of Reach. How Much 7% Mortgage Rates Need to Fall.
    Affordability was a topic of conversation even before the pandemic, but buying a house back then looks downright pleasant in hindsight.  ( 27 min )
    Nikola’s energy president resigns
    Carey Mendes, a former oil executive leading’s Nikola’s pursuit of a hydrogen distribution network, has resigned. The post Nikola’s energy president resigns appeared first on FreightWaves.  ( 32 min )
    Bond vigilantes are 'saddling up.' Here's how concerned investors might take action over the ballooning federal deficit.
    No content preview
    Crypto Startup Aims to Tokenize Stocks by Playing by the Rules
    (Bloomberg) -- For years, cryptocurrency startups have tried to replicate parts of the US stock market on the blockchain for use by digital-asset investors around the world, often without worrying too much about getting approval from regulators first. Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityBond Bulls at JPMorgan, Allianz Double Down on Bet Gone BadRolls-Royce Debuts Droptail Roadster, Price  ( 32 min )
    These 5 things can make or break your ability to build wealth
    Separating the financial haves from the have-nots is often more about getting these basics right, according to a McKinsey & Co. report.  ( 32 min )
    Nvidia, Lowe’s, Analog Devices, Ulta Beauty, Dollar Tree, and More Stocks to Watch This Week
    The Federal Reserve's Jackson Hole Economic Policy Symposium begins on Thursday. Plus, earnings from Lowe's, Nvidia, Dollar Tree, Intuit, and Ulta Beauty.  ( 27 min )
    Buying more expensive than renting for first time in 13 years
    Buying has become more expensive than renting for the first time in 13 years for would-be homeowners.  ( 31 min )
    Bitcoin's Fair Value Guide
    Here's how to determine the fair market value of a currency that has appreciated faster than the shares of even the hottest technology stocks.  ( 21 min )
    Bond Bulls at JPMorgan, Allianz Double Down on Bet Gone Bad
    (Bloomberg) -- Convinced a recession in the US was near, some of the world’s most prominent money managers loaded up on government bonds this year in a bold bet that would atone for the punishing losses suffered in 2022. Most Read from BloombergChina Urges More Loans, Debt Risk Reduction as Woes CompoundRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionRussia’s Luna-25 Lander Fails to Enter Pre-Landing Orbit of MoonUS Consumers Near Day of Reckoning as Pandemic Cash Stash ShrinksA  ( 34 min )
    American Funds vs. The Vanguard Group: What's The Difference?
    Here are the differences between two of the largest mutual fund families, American Funds and The Vanguard Group, and how their returns match up.  ( 23 min )
    Walmart has 'upper hand' versus Target in this key area: Analyst
    Walmart's grocery business boosted its other categories. Don't rush to conclusions though when it comes to Target.  ( 33 min )
    Starbucks told to pay $2.7 million in lost wages to manager fired after arrest of 2 Black men
    A judge has ordered Starbucks to pay an additional $2.7 million to a former regional manager earlier awarded more than $25 million after she alleged she that and other white employees were unfairly punished after the high-profile arrests of two Black men at a Philadelphia location in 2018. In June, Shannon Phillips won $600,000 in compensatory damages and $25 million in punitive damages after a jury in New Jersey found that race was a determinative factor in Phillips’ firing, in violation of federal and state anti-discrimination laws. The Philadelphia Inquirer reports that U.S. District Judge Joel Slomsky on Wednesday also ordered Starbucks to pay Phillips another $2.73 million in lost compensation and tax damages, according to court documents.  ( 32 min )
    5 Rules of Thumb for Retirement Savings
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    Chart: What Will Your Social Security Penalty Be If You Retire Early?
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    Ask an Advisor: I'm 81, Have a $118K Mortgage and a $110K IRA. Should I Withdraw From My Investments to Pay off My Mortgage?
    No content preview
    Bankrupt Yellow Draws New $1.5 Billion Bid for Truck Terminals
    Old Dominion Freight Line’s proposal outbids rival Estes Express, stepping up the competition for a network of 169 terminals.  ( 27 min )
    Nvidia reports earnings, Fed gathers in Jackson Hole: What to know this week
    Fed Chair Jerome Powell's speech and Nvidia's quarterly update will provide investors with a closer look at what's next in the fight against inflation and the artificial intelligence boom.  ( 34 min )
    Ask an Advisor: We're in Our Mid-50s and Have $2 Million in Our 401(k)s. Should We Pivot to Roth Contributions?
    We are a dual-income couple in our mid-50s with over $2 million in our 401(k)s. Should we "sacrifice" the pre-tax benefit and switch to Roth contributions at work? -Wendy Like most tax-related questions, the answer is "it depends." Based on … Continue reading → The post Ask an Advisor: We're in Our Mid-50s and Have $2 Million in Our 401(k)s. Should We Pivot to Roth Contributions? appeared first on SmartAsset Blog.  ( 34 min )
    ‘Upgrading to Buy’: Goldman Sachs Suggests Buying These 2 Stocks Now for Growth
    Conventional wisdom dictates that a US recession is imminent, either during the second half of this year or the first half of the next. But just how much should we credit that? While there are economic headwinds in play, we should also remember that the pace of inflation is easing, unemployment remains low, and the second quarter earnings season showed a high proportion of surprises to the upside. If it’s not a completely rosy picture, it’s far from doom and gloom. And in the eyes of Goldman Sac  ( 35 min )
    An early retiree who travels the country in his RV built wealth the old-fashioned way to join the FIRE movement: ‘I saved my pennies and invested wisely’
    Chris Miller shares how he saved enough money to retire early and his best advice for those looking to do the same.  ( 33 min )
    Bruised Stocks Face Week Full of Tests, From Nvidia to Powell
    (Bloomberg) -- Equity traders reeling from the market’s worst stretch since February face some pivotal events in the days ahead, and a closely watched speech by Federal Reserve Chair Jerome Powell may not even be the biggest test of all.Most Read from BloombergRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionChina Urges More Loans, Debt Risk Reduction as Woes CompoundUS Consumers Near Day of Reckoning as Pandemic Cash Stash ShrinksRussia’s Luna-25 Lander Fails to Enter Pre-Landing  ( 33 min )
    The double life of a Gen Z Google software engineer earning six figures who says he works 1 hour a day
    “If I wanted to work long hours, I’d be at a startup,” the twenty-something says.  ( 35 min )
    Al Gore’s Firm Made a Big AI Bet, and Sold Salesforce, Mastercard, Schwab Stock
    Generation Investment, chaired by former Vice President Al Gore, bought Applied Materials stock, and sold Salesforce, Mastercard, and Schwab stock in the second quarter.  ( 27 min )
    Wall Street ponders splitting up Disney: 'Why not make a clean break?'
    Disney's size was once its strength. Now it's under scrutiny.  ( 35 min )
    The AI Trade Faces Its First Major Test With Nvidia Earnings
    The chip maker’s rosy forecast lifted markets in a turbulent time—but the bar to dazzle investors is higher now.  ( 27 min )
    Rare Signal Points to More Upside for Energy Stocks
    Energy stocks are up big recently. In July alone, the Energy Select Sector SPDR Fund (XLE) gained 7.8%.  ( 32 min )
    Adobe: One Chart Explains the Mega-Rally
    Adobe, Inc. (ADBE) shares have jumped 51% in 2023. This uptrend is being powered by mega appetite for the stock.  ( 31 min )
    Solar panels: Should you buy them? Rent them? Pass?
    California regulators have made investing in solar power less attractive. But if you're the typical energy user, it still makes long-term financial sense to do so.  ( 41 min )
    Why the Era of Historically Low Interest Rates Could Be Over
    Higher productivity and increased deficits could raise the ‘neutral’ rate of interest, limiting Fed cuts.  ( 26 min )
    Big Treasury Rout Lures Fresh Buyers
    Bond investors say the summer selloff in U.S. Treasury debt is providing the best buying opportunity in years.  ( 34 min )
    Yuan slump turns Hong Kong into haven as mainland Chinese rush for higher bank rates, insurance policies and US dollar
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    How to Get Rich and Famous From a Stock Market Crash
    ‘Big Short’ hero Michael Burry sees disaster and—eventually—he’ll get it right again.  ( 25 min )
    Tesla continues waging price war; VinFast makes U.S. debut: This week in EVs
    Investing.com -- Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: VinFast makes a splash in its market debut; Tesla cuts prices in China; and Mullen continues to fight delisting.  ( 33 min )
    Buying a Home Is Getting Out of Reach. How Much 7% Mortgage Rates Need to Fall.
    Affordability was a topic of conversation even before the pandemic, but buying a house back then looks downright pleasant in hindsight.  ( 27 min )
    Is the U.S. Economy Really Growing by 5.8%? Not So Fast
    The latest reading, 5.8%, set off alarm bells in some quarters. But the model estimate is likely to be revised sharply lower as new data are reported.  ( 26 min )
    Battery materials startup Mitra Chem Inc. partners with GM, raises $40M
    Mitra Chem has landed a heavy hitting partner as it tries to get its tech in more electric vehicles.  ( 13 min )
    Retailers Are Fleeing Downtown San Francisco. IKEA Is Moving In.
    The opening will test a new format that the Swedish furniture company is rolling out globally—a pared-back store aimed at casual shoppers and office workers.  ( 22 min )
    Diesel Is Pricing a Scarcity With Winter Market Looming Large
    (Bloomberg) -- At any other time in history, the current state of the global diesel market would have sent some countries into a panic. Most Read from BloombergUS Consumers Near Day of Reckoning as Pandemic Cash Stash ShrinksVietnam Tycoon Loses $18 Billion After EV Maker’s Shares SinkBiden’s Top Lawyer to Depart White House as Probes Ramp UpBiden Wants to Sell His Economic Plan to Voters. He Faces One Big ProblemBama Rush Has Students Showcasing $20,000 Outfits on TikTokAll over the world, pric  ( 33 min )
    The Moves Wealthy Families Are Making to Skirt Estate Taxes
    Dynasty trusts can shield wealth before the Trump tax cuts expire.  ( 21 min )
    Border town boom is realigning the freight market
    As companies are shifting their sourcing and logistics networks, it is changing the way transportation providers will have to manage their own businesses. The post Border town boom is realigning the freight market appeared first on FreightWaves.  ( 32 min )
  • Open

    Nederlandse industrie kreeg harde klappen in tweede kwartaal
    Bedrijven in de industrie kregen in het tweede kwartaal een stevige omzetdaling voor de kiezen. De inkomsten daalden gemiddeld met 7,5 procent, de grootste daling sinds coronajaar 2020. Dat meldt statistiekbureau CBS.  ( 3 min )
    Britse winkels lokken politie met gratis koffie om diefstal tegen te gaan
    Britse politieagenten kunnen voortaan tijdens het werk een gratis kop koffie halen bij winkelketens John Lewis en Waitrose. Zo hopen de ketens politie richting winkels te lokken en winkeldieven af te schrikken. De agenten moeten wel herbruikbare bekers meenemen.  ( 3 min )
    Storing van Albert Heijn-app voorbij: Bonuskaart werkt weer
    De mobiele app van supermarktketen Albert Heijn werkt weer. Eerder op zondag hadden appgebruikers last van een storing, waardoor de Bonuskaart niet goed functioneerde. Die storing is inmiddels voorbij.  ( 2 min )
    Albert Heijn-app kampt met storing: Bonuskaart en koopzegels werken niet
    Klanten van Albert Heijn kunnen last hebben van een technische storing in de mobiele app van de supermarktketen. Een aantal functies werkt daardoor niet, zegt een woordvoerder van Albert Heijn.  ( 3 min )
    Italiaanse spoorwegmaatschappij FS wil concurrentiestrijd aangaan in Europa
    De Italiaanse nationale spoorwegmaatschappij FS wil de concurrentiestrijd aangaan op het Europese spoor. Het spoorbedrijf wil ook trajecten uitzetten richting Amsterdam.  ( 3 min )
    Gegevens van bijna 76.000 Tesla-medewerkers gelekt naar Duitse zakenkrant
    De persoonsgegevens van bijna 76.000 medewerkers van de elektrische autofabrikant Tesla zijn gelekt naar de Duitse zakenkrant Handelsblatt.  ( 3 min )

  • Open

    The History of Insurance
    The first written insurance policy dates back nearly 4,000 years. Here is how insurance came into being and how it evolved from there.  ( 23 min )
    Corporate Reimbursement Coverage Definition
    Corporate reimbursement coverage protects a company against losses resulting from legal action against its directors and officers.  ( 19 min )
    Cryptographic Hash Functions: Definition and Examples
    Cryptographic hash functions combine message-passing capabilities with security properties. It is used in many applications, from database security to cryptocurrency.  ( 21 min )
    What Is Bank Owned Life Insurance (BOLI), and How Does It Work?
    Bank-owned life insurance (BOLI) is bought by banks as a tax shelter, leveraging tax-free savings provisions to fund employee benefits.  ( 24 min )
    Surplus Share Treaty: Overview and Advantages
    A surplus share treaty is reinsurance in which the ceding insurer retains a fixed amount of liability and the reinsurer takes the remaining liability.  ( 19 min )
    The Good and Bad of National Lotteries
    Here's a look at some of the positive and negative aspects of national lotteries.  ( 25 min )
    Calculating GDP With the Income Approach
    When calculating GDP using the income approach, all expenditures in an economy should equal the total income from the production of goods and services. Learn how.  ( 21 min )
    Is Student Loan Debt the Next Financial Crisis?
    The student loan system is in desperate need of reform as graduates struggle to find work and pay off their student loans. Learn about changes that can help.  ( 24 min )
    CAPM Cost of Equity: Calculate Cost of Equity Using CAPM
    Learn about the elements of the capital asset pricing model, and discover how to calculate a company's cost of equity financing with this formula.  ( 21 min )
    What Is a Commitment Fee in Banking, and How Does It Work?
    Lenders charge borrowers a commitment fee as compensation for keeping a line of credit open or to guarantee a loan at a specific date in the future.  ( 20 min )
    Tips for Renting a Vacation House
    Read these insightful tips on how to get a picture-perfect summer rental home at a great price. Don’t spoil your fun by leasing the wrong type of accommodations.  ( 24 min )
    Impact of Fed Interest Rate Cuts on Consumers
    Traders rejoice when the Fed drops the rate, but is it good news for all? Find out here.  ( 24 min )
    What Is a Bank Reconciliation Statement, and How Is It Done?
    A bank reconciliation statement summarizes banking activity, allowing individuals and companies to compare their own records with the bank’s records.  ( 26 min )
    How Risk-Free Is the Risk-Free Rate of Return?
    This rate is rarely questioned—unless the economy falls into disarray.  ( 22 min )
    Companies Tapping Brakes On Capital Expenditures Due To Federal Reserve Rate Hikes
    Some businesses are slowing capital expenditures and pulling back on taking out credit as a result of the Federal Reserve's cycle of rate hikes—showing all may be going according to policymakers' plans to slow inflation.  ( 17 min )
    When Do Economists Use Real GDP Instead of Just GDP?
    The real GDP number is adjusted to remove the effects of inflation, so it is a more accurate gauge of the nation's real output of goods and services.  ( 24 min )
    Top 4 Strategies for Managing a Bond Portfolio
    Learn more about passive, quasi-passive, immunization, and active bond strategies and how you can put them to work for your portfolio.  ( 24 min )
    Contingent Commission Definition
    A contingent commission is a commission paid to an intermediary by an insurance or reinsurance company with a value dependent on an event occurring.  ( 19 min )
    Comptroller General Definition
    The Comptroller General is a high-ranking accounting position in the U.S. government who sets and oversees accounting policy.  ( 19 min )
    What Is the Effect of Price Inelasticity on Demand?
    Find out how price inelasticity of demand shows the relationship between demand and price when the price of an inelastic good is either lowered or raised.  ( 23 min )
    Run on the Fund Definition
    A run on the fund is a situation where a hedge fund faces increasing redemptions, causing the fund managers to sell positions to meet the withdrawals.  ( 19 min )
  • Open

    Consumers have spent all of their excess savings from the pandemic. That's just one reason why stocks are poised to fall, JPMorgan says
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    China's economy is flailing. Here's how its problems could spill into global markets.
    China has long had an outsized impact on global growth - but with its economy sputtering, its problems could become everyone else's problems.  ( 33 min )
    All Eyes on Fed Chief Powell in Jackson Hole
    (Bloomberg) -- It’s late August, which means we’re headed to Jackson Hole for the Kansas City Fed’s annual symposium, attended by top central bankers from around the world. And as usual, everyone is wondering in particular just what Fed Chair Jerome Powell — who’s expected to speak Friday morning — might have to say.Most Read from BloombergUS Consumers Near Day of Reckoning as Pandemic Cash Stash ShrinksVietnam Tycoon Loses $18 Billion After EV Maker’s Shares SinkMercedes-Benz Unveils the New Ge  ( 35 min )
    Bond Investors Brace for Supply Freight Train Before Fed Confab
    (Bloomberg) -- The highest long-term Treasury yields in years are headed for a major hearing next week as investors place their bids for two risky auctions — right before the Federal Reserve’s potentially game-changing annual gathering at Jackson Hole.Most Read from BloombergUS Consumers Near Day of Reckoning as Pandemic Cash Stash ShrinksVietnam Tycoon Loses $18 Billion After EV Maker’s Shares SinkBiden’s Top Lawyer to Depart White House as Probes Ramp UpCohn and Summers Talk Trump, China and M  ( 32 min )
    A Tough Week For REITs Amid More Downgrades And Fed Talk
    One of the most challenging parts of investing is deciding what to do when the companies you own are doing well but the share prices reflect a different scenario. Wall Street is often forward looking, so it's quick to react to news that will affect companies six or more months down the road. This has been evident the last few days for real estate investment trusts (REITs), as the Federal Reserve continues to talk tough on inflation and traders wonder what the effects will be on commercial proper  ( 35 min )
    Warren Buffett, Michael Burry, and other top investors revealed striking portfolio changes this week. Here are 4 key trades.
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    Mark Cuban rejected an offer to make a $250,000 investment in Uber that’d now be worth $2.3 billion
    Cuban balked at Uber’s cofounder valuing the startup at $10 million.  ( 32 min )
    American Airlines sues travel website Skiplagged over ticket price ‘loophole’
    Lawsuit accuses website of deception as it allows travelers to book typically cheaper connecting flight and get off after first leg  ( 31 min )
    Old Dominion ups ante with $1.5B bid on Yellow’s terminals
    A court filing shows that Old Dominion swooped in at the last minute, entering a base bid of $1.5 billion for now-defunct Yellow’s terminals. The post Old Dominion ups ante with $1.5B bid on Yellow’s terminals appeared first on FreightWaves.  ( 31 min )
    Warren Buffett's favorite homebuilder: D.R. Horton
    Warren Buffett’s Berkshire Hathaway now owns roughly 5.7 million shares of D.R. Horton, the largest homebuilder in the U.S., despite headwinds threatening the industry including rising mortgage rates.  ( 32 min )
    5 big deal reports: US Steel bidding war heats up; ArcelorMittal weighing an offer
    Here is your Pro Recap of 5 head-turning deal dispatches you may have missed last week: ArcelorMittal considers acquiring US Steel, Intel and Tower Semiconductor terminate the acquisition, Arena Group announces strategic expansion with Bridge Media Networks, and merger deals at Energy Transfer and Crestwood Equity, and Ball’s aerospace business and BAE Systems. InvestingPro subscribers got this news first.  ( 33 min )
    Top AI Stock ANET Leads 5 Stocks Near Buy Points In Tough Market
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    Where to Get the Best Yields. (Think Short-Term Treasuries.)
    Short-term Treasury bills, which yield more than 5.4%, still look like an investor’s better income bet.  ( 27 min )
    Is Your Retirement Income Higher Than the Average in America?
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    Ask an Advisor: ‘I Am Giving Away 25% of My Return.' Why Does a Financial Advisor Earn a 1% Fee, Even in a Bear Market?
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    Dan Schulman Took PayPal to New Heights. He’s Having a Bumpy Landing.
    With the company’s market value having plunged nearly $300 billion since its July 2021 peak, CEO Dan Schulman is relinquishing the reins after nine years.  ( 29 min )
    Ask An Advisor: What Midyear Moves Will Cut Our Tax Bill?
    We gained additional income and didn't withhold enough on our Form W-4. We are currently not putting money into a retirement account but have access to a 401(k) through our employer. Would we be able to correct our withholding deficit … Continue reading → The post Ask An Advisor: What Midyear Moves Will Cut Our Tax Bill? appeared first on SmartAsset Blog.  ( 33 min )
    This Is How Actual Financial Pros Plan For Retirement
    As a financial advisor, you may dedicate a lot of your time to helping clients create a workable retirement plan. However, it's also important to consider what your personal exit strategy might look like once you're ready to retire. Succession … Continue reading → The post Succession Planning Tips for Financial Advisors appeared first on SmartAsset Blog.  ( 34 min )
    How Can I Be Sure I'll Be Able To Afford My Ideal Retirement Lifestyle?
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    Ask an Advisor: My Retirement Savings Were Wiped Out. How Can I Recoup My Recent Investment Losses This ‘Late in the Game?'
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    Ask an Advisor: I'm Over Age 72. How Do I Avoid the RMD Tax Bite?
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    Ask an Advisor: Help Me Understand the Math. How Does Donating to Charity Reduce My Taxes?
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    More Americans are now 401(k) millionaires
    The number of people with $1 million or more saved in their 401(k) accounts leapt 10% from April to the end of June, according to Fidelity Investments.  ( 33 min )
    Famed Italian dealmaker and Piaggio CEO Colaninno dies
    Entrepreneur Roberto Colaninno, chairman and CEO of scooter maker Piaggio and one of Italy's best-known dealmakers, has died, his investment company IMMSI said on Saturday. Colaninno was a central figure in the country's industrial landscape who managed to turn around a number of failing companies, but also left a mixed corporate legacy. He is most famous for his surprise $58 billion leveraged buyout of Telecom Italia in 1999, at the time the world's largest hostile takeover.  ( 32 min )
    C-suite turnover happening at rapid rate, and here's why
    Companies have been busy reshuffling their C-suites as they work through restructuring, turnaround plans, and COVID-19 aftershocks.  ( 34 min )
    Social Security COLA increase will ‘return to reality’ in 2024 after jump, predictions say
    In the past two years, those receiving Social Security have seen large cost-of-living adjustments that can help. Many wonder what's next in 2024?  ( 35 min )
    Bonds Are a Great Buy Now. How to Protect Yourself.
    Yields are close to their highest level in years. Investors can bolster portfolios with bonds with the potential for both high income and capital gains.  ( 26 min )
    Alibaba's Taobao and Tmall to fill 2,000 new job openings for fresh graduates as Chinese Big Tech firms seek new growth
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    Where Investors Are Finding Returns in a World of Yield
    For the first time in years, investors are earning robust returns on cash.  ( 27 min )
    Too Good To Go CEO’s big break came when she left her consulting career without a plan—she says losing $100,000 is ‘pretty cheap’ to pursue your dreams
    The Danish self-starter convinced her McKinsey colleagues to toss in the towel on their consultancy careers and launch a business together in 2007. Now she’s the CEO of the fastest-growing sustainable food app.  ( 34 min )
    Germany Hunts for Cyber Criminals Amid Billion-Euro Scams
    (Bloomberg) -- At the start, the job looked like a well-paid role in finance. It ended with a $10,000-a-month drug habit and a cell in a German prison.Most Read from BloombergVietnam Tycoon Loses $18 Billion After EV Maker’s Shares SinkChina Evergrande Group Files Chapter 15 Bankruptcy in New YorkBitcoin Calm Shatters With Sudden Tumble, Mass LiquidationsJeremy Grantham Says Fed Is Kidding Itself on Avoiding a RecessionBig Tech Logs Year’s Longest Weekly Losing Streak: Markets WrapThat’s the sto  ( 35 min )
    Top 4 Strategies for Managing a Bond Portfolio
    Learn more about passive, quasi-passive, immunization, and active bond strategies and how you can put them to work for your portfolio.  ( 24 min )
    Rail whistleblowers fired for voicing safety concerns
    Hours before a Norfolk Southern train derailed in Ohio and erupted in fire in February, a judge ruled a former railroad employee could proceed with a lawsuit claiming he had been harassed for years by managers who said he reported too many flaws in rail cars he inspected and had his job changed after reporting an injury. Richard Singleton’s case against Norfolk Southern was settled for an undisclosed amount after the judge said he had enough evidence to go to trial over whether he was disciplined for reporting safety violations that slowed trains passing through a Macon, Georgia, railyard. The settlement provided relief for Singleton, but does little for residents near East Palestine, Ohio, who worry about possible health effects from the accident's toxic blaze.  ( 34 min )
    US stocks trade mixed as the Dow caps off its worst week since March
    The S&P 500 and Nasdaq Composite both notched their third consecutive week of declines.  ( 31 min )
    How Kroger Became the Biggest Sushi Seller in America
    Millions of shoppers agree: It’s OK to eat supermarket sushi.  At U.S. retailers, sales are up over 70% in the past year.  ( 21 min )
    Who Is the Mogul Bidding for U.S. Steel
    James Bouchard grew up around steel and deal making; ‘We have the cash,’ he says of his $7.8 billion surprise bid.  ( 29 min )
    Slow-Growing UK Faces Reckoning Over £2.6 Trillion Debt Pile
    (Bloomberg) -- From the financial crisis to Russia’s invasion of Ukraine, Britain has borrowed and spent its way out of every jam. The bill for that is becoming a worry all its own. Most Read from BloombergUS Consumers Near Day of Reckoning as Pandemic Cash Stash ShrinksMercedes-Benz Unveils the New Generation of Its Brawny AMG GT Sports CarRussia’s Luna-25 Lander Fails to Enter Pre-Landing Orbit of MoonVietnam Tycoon Loses $18 Billion After EV Maker’s Shares SinkRolls-Royce Debuts Droptail Road  ( 34 min )
    Jeremy Grantham warns a recession is still coming and the Fed is 'almost guaranteed to be wrong'
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    Less cash, fewer bears could leave U.S. stocks vulnerable
    Several indicators that pointed to upside for U.S. stocks this year have shifted to a more neutral outlook, potentially leaving equities vulnerable to turbulence from a recent surge in bond yields and worries over China’s economy, investors said. Some investors watch so-called contrarian indicators to gauge the market's mood, with extreme pessimism thought to be a good sign to buy and vice versa. At the start of the year, measures such as stock positioning and allocations to cash showed extreme bearishness, reflecting investors' grim outlook following a brutal selloff in 2022 and expectations of a recession in the second half of this year.  ( 33 min )
    CVS Health to cut more than 100 corporate jobs at Scottsdale office
    The Arizona layoffs at CVS come after the health giant announced plans to cut 5,000 corporate jobs across the company. #phoenix $CVS  ( 11 min )
  • Open

    NU+ | Ons land is draaischijf in digitale wereldeconomie, en dat kost veel stroom
    Nederland huisvest een van de grootste internetknooppunten ter wereld en is een draaischijf in de digitale wereldeconomie. We zijn daardoor een goede vestigingslocatie voor internetbedrijven met hun datacenters. Die koppositie kost veel energie, maar volgens de datacenters is dat gelukkig meestal groene.  ( 4 min )
    Oekraïense economie krijgt tik na klappen van graandeal
    Het Russische besluit om weg te lopen bij onderhandelingen over de graandeal raakt de Oekraïense economie. In de eerste maand na het klappen van de deal exporteerde het land een derde minder graan.  ( 4 min )
    X (Twitter) wil accounts blokkeren onmogelijk maken, maar dat mag misschien niet
    Het is binnenkort niet meer mogelijk om accounts te blokkeren op het socialemediaplatform X (voorheen Twitter). Het zou nog wel mogelijk zijn om privéberichtjes tegen te houden.  ( 4 min )
    NU+ | Problemen bij Big Bazar stapelen zich op: wat gaat er mis?
    Al wekenlang is het onrustig rondom koopjesketen Big Bazar. Rekeningen worden niet betaald, winkels gaan dicht en verhuurders stappen naar de rechter. Wat is er aan de hand met de discounter?  ( 4 min )
    Studiebeurs is niet toereikend, maar dat is ook niet de bedoeling
    Komend studiejaar keert de basisbeurs weer terug, maar een vetpot is het niet. Studenten balen ervan dat de basisbeurs nog lager is dan die van voor het leenstelsel. Maar volgens deskundigen is het helemaal niet de bedoeling dat een studiebeurs alle kosten van studenten dekt.  ( 7 min )
  • Open

    Earnings Beat of the Week: JD.com Outperforms Estimates Despite Slowdown in China
    Chinese ecommerce giant JD.com reported profit and sales that beat analysts' estimates, as the retailer enticed customers with lower-priced offerings amid an economic downturn in China.  ( 1 min )

  • Open

    How Do I Calculate Current Liabilities in Excel?
    Learn what current liabilities are, and find out how to calculate total current liabilities in Microsoft Excel.  ( 17 min )
    What to Expect in the Markets Next Week
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    Top CD Rates Today: More Than Two Dozen Options to Earn 5.50% or More
    Today's best CD rates are 5.75% APY from MapleMark Bank for 1 year, 5.65% APY from Dow Credit Union for 3 months, and 5.56% APY from TotalDirectBank.  ( 19 min )
    S&P 500 Gains and Losses Today: Mixed Earnings Reactions Lead to Losses for the Week
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    What Is a Merkle Root (Cryptocurrency)? How It Works in Blockchain
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    How To File a Pet Insurance Claim
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    Aggregate Stop-Loss Reinsurance: What it Means, Criticisms
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    Cryptocurrency Exchanges: What They Are and How To Choose
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    Why Did Bitcoin Drop 12% This Week?
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    Applied Materials Beats Sales Estimates and Raises Its Guidance on AI, China Demand
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    Compare Today's Mortgage Rates
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    Bankrupt Yellow Accepts $1.3B Bid for Shipment Centers from Rival Estes Express
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    China's Real Estate Giant Evergrande Files for US Chapter 15 Bankruptcy Protection
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    Auto Worker Strike Could Cost $5.6B and Hit Consumers Fast
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  • Open

    Bazooka made a mint blowing bubbles. Now it's being snapped up for $700 million.
    Bazooka Candy Brands, maker of the popular bubblegum, has been sold for $700 million to a private equity firm.  ( 30 min )
    The $1 trillion of high yield debt that's piled up in the last 5 years is about to have a 'day of reckoning,' Bank of America says
    Around $400 billion of debt assets are considered to be in "pre-distress," while $150 billion are "deeply distressed," Bank of America said.  ( 33 min )
    The Stock Market Has a Real Problem—a Real Yield Problem
    With the yield on the 10-year U.S. Treasury note hitting 4.25%, stocks have competition from bonds in a way they haven’t for a decade and a half.  ( 40 min )
    Bond Yields Are Heading Toward 5%—or More—as High Inflation Persists
    If retail inflation gets stuck around 3%, as seems increasingly likely, interest rates will continue to rise. That’s bad news for investors.  ( 27 min )
    Hoka or On? A New Balance Long-Timer Turns to Wall Street for Sneaker Tips
    Following the market’s opinion about fashionable footwear leads a longtime New Balance wearer to Swiss sneaker maker On Holding.  ( 27 min )
    Stocks are approaching a perfect buy-the-dip opportunity as the S&P 500 faces August rout, Fundstrat says
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    Palo Alto Networks Surges After Billings Outlook Beats Estimates
    (Bloomberg) -- Cybersecurity firm Palo Alto Networks Inc. surged after projecting stronger billings for the year than Wall Street anticipated, easing fears that a slowdown in demand may weigh on results. Most Read from BloombergChina Evergrande Group Files Chapter 15 Bankruptcy in New YorkVietnam Tycoon Loses $18 Billion After EV Maker’s Shares SinkBitcoin Calm Shatters With Sudden Tumble, Mass Liquidations‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateBig Tech Logs Year’s Longes  ( 32 min )
    Bitcoin’s problem may be bond yields
    Bitcoin took a sharp leg down to the $25,000 level as investors speculated about SpaceX's holdings, but there may be another major headwind for cryptocurrencies — rising bond yields.  ( 30 min )
    Should I Open a CD Now or Wait for Higher Rates?
    Today's CDs allow you to lock in a record rate—up to 5.75%—for months or years down the road when savings account rates inevitably drop. Is now a good time for a CD?  ( 20 min )
    There’s more coal being shipped by sea than ever before
    The global coal trade is thriving, with dry bulk ships busy carrying the loads. As the West consumes less coal, Asia buys even more. The post There’s more coal being shipped by sea than ever before appeared first on FreightWaves.  ( 34 min )
    Top CD Rates Today: More Than Two Dozen Options to Earn 5.50% or More
    Today's best CD rates are 5.75% APY from MapleMark Bank for 1 year, 5.65% APY from Dow Credit Union for 3 months, and 5.56% APY from TotalDirectBank.  ( 21 min )
    The Score: U.S. Steel, Hawaiian Electric, Target and More Stocks That Defined the Week
    Here are some of the major companies whose stocks moved on the week’s news.  ( 26 min )
    Buy Moderna and BioNTech Stock. Both Pharmas Have Strong Drug Pipelines and Plenty of Cash.
    Moderna and BioNTech are no longer minting money from Covid vaccines. But both have strong drug pipelines and plenty of cash.  ( 26 min )
    Dow Jones Futures: Nvidia Earnings, Powell Speech Loom Large; What To Do Now
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    Palo Alto Networks Stock Jumps as Earnings Top Estimates
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    Michael Burry is a 'one-trick pony' - and the 'Big Short' investor's massive bet against the stock market is a sure loser, says veteran analyst
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    Why This Coffee Giant Is Staying Put in Russia
    The owner of Peet’s Coffee is renaming a major brand, rejiggering supply chains and hitting back at those who say it should exit the country.  ( 26 min )
    China's Debt Crisis Mounts As Everything Goes Wrong; S&P 500 Risk Limited
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    Palo Alto Networks Stock Jumps After Unusual Friday Earnings Release
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    Hawaii Fires Turn a Safe Investment Into a Big Risk
    Utilities are supposed to be a staid investment.  ( 27 min )
    Maker of $400 Golf Putter Poised to End Week Below $4 IPO After Record Debut
    (Bloomberg) -- Sacks Parente Golf Inc. ended its first week of trading lower, just days after notching the best debut of an initial public offering on a US stock exchange this year.Most Read from BloombergVietnam Tycoon Loses $18 Billion After EV Maker’s Shares SinkGlobal Stock Managers on Guard as China Pain Set to SpreadChina Evergrande Group Files Chapter 15 Bankruptcy in New YorkBitcoin Calm Shatters With Sudden Tumble, Mass LiquidationsJeremy Grantham Says Fed Is Kidding Itself on Avoiding  ( 32 min )
    Hawaiian Electric Woes Risk Wiping Out the Value of Its Utility
    (Bloomberg) -- Hawaiian Electric Industries Inc. shares notch the worst weekly drop in at least four decades on concern it may be responsible for the fires that ravaged the island of Maui, with Wells Fargo’s analyst warning the possible liabilities could be large enough to wipe out the value of its utility arm. Most Read from BloombergVietnam Tycoon Loses $18 Billion After EV Maker’s Shares SinkChina Evergrande Group Files Chapter 15 Bankruptcy in New YorkBitcoin Calm Shatters With Sudden Tumble  ( 32 min )
    Investors Are Leaving Stocks for the Allure of Risk-Free Payouts in Bonds
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    Stocks crawl back to close rough week on mixed note: Stock market news today
    Stocks continued an August swoon on Friday.  ( 31 min )
    These Are The 5 Best EV Stocks To Buy And Watch Now
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    How Cleveland-Cliffs and Cleveland could benefit from a U.S. Steel acquisition
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    Protest broke out at a 55+ Florida community over skyrocketing home insurance premiums: ‘We have no choice, we have to sell’
    “We have no choice, we have to sell. As a matter of fact, I just put my house on the market 10 minutes ago,” one resident told NBC6.  ( 31 min )
    Legendary investor Jeremy Grantham warns a recession is coming and the Fed’s rosy forecast is ‘almost guaranteed to be wrong’
    “It's almost guaranteed to be wrong," the GMO co-founder told Bloomberg of the Fed's soft landing forecast Thursday. "They have never called a recession."  ( 32 min )
    It’s a Bad Week to Need to Borrow Five-Year Treasury Notes
    (Bloomberg) -- The expanding supply of Treasury debt, while driving yields to the highest levels of the year, is also aggravating a shortage of five-year notes in advance of the next auction. Most Read from BloombergVietnam Tycoon Loses $18 Billion After EV Maker’s Shares SinkGlobal Stock Managers on Guard as China Pain Set to SpreadChina Evergrande Group Files Chapter 15 Bankruptcy in New YorkBitcoin Calm Shatters With Sudden Tumble, Mass LiquidationsJeremy Grantham Says Fed Is Kidding Itself o  ( 31 min )
    Vanguard’s New International Dividend Growth Fund Offers Chance to Zig as Crowd Zags
    Investors should take note any time a money manager with more than $7 trillion in assets does something new.  ( 27 min )
    U.S. Has Fewest Active Oil Rigs Since the Ukraine War's First Days
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    UBS Loses $5.5 Billion Advisor Team to RBC
    The team includes top-ranked advisor Leslie Lauer.  ( 26 min )
    'It's The Death Of The Entire Financial, Monetary And Social System': This Market Expert Warns The U.S. Dollar Is Quickly Losing Its Reserve Status. Here's What She Likes For Protection
    For decades, the U.S. dollar has held the esteemed position as the world's primary reserve currency. But according to Lynette Zang, chief market analyst for ITM Trading, this longstanding dominance is on shaky ground. "The days of the dollar being the world reserve currency are fast coming to a close," she said in a recent interview with Stansberry Research. Zang explained that the shift began back in 2002 when the Federal Reserve "first had to buy" U.S. debt. This act suggested that the world w  ( 32 min )
    Bill Gates Picks Up BUD Shares, Morgan Stanley Says Current Valuation Fails to Reflect the Potential Upside — Here’s Why You Should Take Notice
    It must have sounded like a good idea at the time, but Anheuser-Busch’s (NYSE:BUD) decision to run a promotional campaign for its Bud Light beer with the help of transgender ‘influencer’ Dylan Mulvaney backfired spectacularly. Conservative America did not like that idea at all, and decided to boycott the drink, thereby no longer making it the US’s best-selling beer. As sales plummeted in the wake of the controversy, BUD shares went into a tailspin, falling by 20% in May with the company also lay  ( 32 min )
    CVS stock tumbles after Blue Shield of California shake-up. Analysts call selloff 'nonsensical'
    California Blue Shield's unbundling of pharmacy benefits services may not spell total loss for Big 3 PBM industry.  ( 34 min )
    CVS stock tumbles after CA Blue Shield shakeup. Analysts call the move 'nonsensical'
    California Blue Shield's unbundling of pharmacy benefits services may not spell total loss for Big 3 PBM industry.  ( 34 min )
    Analyst Report: Walmart Inc
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    China fuels US bond rout by slashing holdings to 14-year low as Washington-Beijing tensions drag on
    US Treasury prices have tanked in 2023, with investors fretting about the Federal Reserve's interest-rate hikes.  ( 30 min )
    Market Update: ENB, AMAT, EL, GEN, WMT, RHHBY
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    J&J’s Swap Offer for Kenvue Is About to Expire. Proration Figure Will Be Key.
    Wall Street is betting that the proration will be about 30%, meaning that participating J&J holders will get 30% of their stock converted into Kenvue.  ( 37 min )
    'Big Short' investor Michael Burry piled into energy and shipping stocks last quarter. A top strategist explains why.
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    Barbies for $5,000, rare New York Rangers collectibles for $30,000 – hard-up Americans are selling their treasure hoards to get by
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    A looming insurance shock spells trouble for housing markets in Florida and California
    “About a third of homebuilders in Florida are saying that buyers’ concerns about insurance availability and costs are somewhat slowing sales.”  ( 33 min )
    The best high-yield money market accounts for August 2023
    If you're looking for the best high-yield money market accounts, shop around and compare options from multiple banks and credit unions.  ( 32 min )
    Buyout offers knock on US Steel's door as 'glory days' fade
    An unsolicited bid for US manufacturing stalwart US Steel has set off a potential reshuffling of a classic American industry.  ( 34 min )
    CVS says Blue Shield change will not affect its bottom line
    "The financial impact associated with the partial termination of the Blue Shield of California contract is not expected to have an impact to our previously issued 2023 guidance and is expected to have an immaterial impact on our longer-term outlook," CVS said  ( 9 min )
    Why Kroger, Albertsons need to merge immediately to compete with Walmart
    Walmart has upended the grocery business, and smaller rivals are struggling to survive.  ( 34 min )
    2 Stocks That Will Thrive From a Surging AI Chip Market, Says J.P. Morgan
    Broadcom and Marvell Technology will win big time from custom chip design, according to analyst Harlan Sur.  ( 34 min )
    Stocks erase steeper losses as rough week comes to close: Stock market news today
    Stocks were set to continue an August swoon on Friday.  ( 31 min )
    Citi Buys $160 Million of Russian Aluminum Others Won’t Touch
    (Bloomberg) -- Citigroup Inc. has bought about $160 million of Russian aluminum from the London Metal Exchange, something many banks have refused to touch since the invasion of Ukraine.Most Read from BloombergUS Consumers Near Day of Reckoning as Pandemic Cash Stash ShrinksVietnam Tycoon Loses $18 Billion After EV Maker’s Shares SinkBiden’s Top Lawyer to Depart White House as Probes Ramp UpBiden Wants to Sell His Economic Plan to Voters. He Faces One Big ProblemCohn and Summers Talk Trump, China  ( 32 min )
    New volatility for bitcoin ends summer slumber for crypto investors
    Market watchers grasped at several theories for the sudden downward movement in prices, from turmoil in China to interest rate fears.  ( 32 min )
    Steel Union Throws a Curveball In Battle for U.S. Steel.
    The devil is in the details. Investors shouldn't forget about some rights the United Steelworkers union has at United States Steel.  ( 26 min )
    Option Trade Targets Energy Stock's Strength, Rotation Into Sector
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    Apple iPhone 15 Is Coming. Here’s What to Expect.
    The latest Apple iPhone models are expected to include relatively modest upgrades, but bulls still expect strong demand.  ( 26 min )
    Warren Buffett Stocks: What's Inside Berkshire Hathaway's Portfolio?
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    Tax Rates For Different Types of Retirement Income
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    Ask an Advisor: Should I Pay off My Mortgage or Invest in CDs? I Refinanced My Mortgage at 2.375%, But I Can Get a CD at 4%. Plus, I Want to Retire in 7 Years.
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    Nvidia’s Earnings Can Impress Again. This Analyst Is ‘Extremely Bullish.’
    Wedbush analyst Matt Bryson said he expects the chipmaker to to beat expectations and offer a “robust forward outlook,” when it reports Wednesday.  ( 26 min )
    The Little-Known Ways The Rich Accumulate More Wealth
    If you qualify to participate in a non-qualified deferred compensation (NQDC) plan, you may want to pay attention closely. These accounts can offer high-earners who have maxed out their traditional retirement savings options an appealing opportunity to set aside a substantial portion of their income and invest it on a tax-deferred basis. In a new […] The post This Little-Known Account Can Help High Earners Accumulate Wealth appeared first on SmartReads by SmartAsset.  ( 32 min )
    Dow Jones Edges Lower, But Magnificent 7 Stocks Take More Heat; Bitcoin Crashes On This News
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    Meta gets tough with its return-to-work plan, warns employees they could be fired if they don't comply
    Meta managers will be tracking whether employees are sticking with its return-to-office policy.  ( 10 min )
    Covid Vaccine Rally Dashed As Pfizer, Moderna Give Back Gains On Eris' Advance
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    SpaceX Posts Q1 Profit, Abandons Bitcoin Holdings; Cryptocurrencies Crash
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    Dow Jones Slides 150 Points As Stock Market Weakness Continues; Bitcoin Dives On Elon Musk Sales
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    Yardeni, Economist Who Cried ‘Bond Vigilantes,’ Spots Them Again
    (Bloomberg) -- Edward Yardeni, the economist who coined the term “bond vigilantes” during the 1980s and has regularly predicted their return to the investment landscape ever since, said they’re “saddling up.”Most Read from BloombergChina Evergrande Group Files Chapter 15 Bankruptcy in New York‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateGoldman Plans Hiring Spree to Fix Lapses After Increased Fed ScrutinyChina’s Hidden Financial Dangers Erupt With Shadow Bank CrisisNiger Soldie  ( 32 min )
    Cracks Deepen for America’s Biggest Hospital Landlord: Struggling Tenants, a Bailout on Hold
    A California regulator has halted a plan for Medical Properties Trust to take a stake in a struggling hospital chain’s business.  ( 28 min )
    Vietnam's EV firm VinFast slides for third session after debut boom
    With about 99% of the firm controlled by founder Pham Nhat Vuong, the small amount of publicly available shares makes the stock prone to volatility. The loss-making firm was valued at $85 billion in its Wall Street debut on Tuesday, which was followed by a 46% slump in two days that brought down its value to $46.4 billion, closer to that of legacy automakers Ford and General Motors. The company, which has struggled to retain senior executives and has an ambitious target of selling 50,000 electric vehicles this year, is shifting to a new "hybrid model" for sales, bringing in distributors and dealers for overseas markets.  ( 31 min )
    Tesla Stock Is Down Again for a New Reason. Here’s Where It’s Going.
    The shares were down 1.1% in early trading, putting them on pace to drop for a sixth consecutive day.  ( 27 min )
    The Kremlin's top brass are trying to pass the buck over the ruble's collapse. This rare public infighting shows just how precarious Russia's wartime economy is.
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    Hawaiian Electric upgraded, CVS downgraded: Wall Street's top analyst calls
    Hawaiian Electric upgraded, CVS downgraded: Wall Street's top analyst calls  ( 33 min )
    Stocks look set to end rough week with more losses: Stock market news today
    Stocks were set to continue an August swoon on Friday.  ( 31 min )
    $1.5 Million Will Last This Long If You Retire at 45
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    Fed done hiking; slim majority of economists say no rate cut through March
    The U.S. Federal Reserve is likely done raising interest rates, according to a strong majority of economists polled by Reuters, and a slight majority now expect the central bank to wait at least through end-March before cutting them. A 90% majority, 99 of 110 economists, polled Aug 14-18 say the Fed will keep the federal funds rate in the 5.25-5.50% range at its September meeting, in line with market pricing. After raising rates by 25 basis points last month, Fed Chair Jerome Powell kept options open for whether there would be a hike or a pause at the September meeting.  ( 33 min )
    US slaps tariffs on some big solar companies for dodging China duties
    The United States on Friday will finalize a decision to impose import duties on solar panel makers who finished their products in Southeast Asian nations to avoid tariffs on Chinese-made goods, according to a senior Commerce Department official. The decision, which largely mirrors a preliminary finding the agency made in December, was opposed by buyers of solar panels that rely on cheap products made overseas to make their projects competitive. But it is good news for the small U.S. solar manufacturing industry, which for years has struggled to compete with Chinese goods and is enjoying renewed investment due to subsidies in U.S. President Joe Biden's landmark climate change law.  ( 30 min )
    Hawaiian Electric Stock Surges in Premarket Trading. Here's Why.
    Hawaiian Electric Industries surged in Friday’s premarket trading, following an eight-day losing streak. The stock (ticker: HE) has faced significant pressure since last week, plummeting by 17% on Thursday. Investors have been concerned by the emergence of class-action lawsuits against the company  ( 12 min )
    Stocks look set to end brutal week with more steep losses: Stock market news today
    Stocks were set to continue an August swoon on Friday.  ( 30 min )
    Farfetch Stock Is Down 40% as Results Trigger Downgrade
    KeyBanc Capital Markets analysts downgraded shares of the e-commerce company for luxury fashion to Sector Weight from Overweight.  ( 26 min )
    8 Big Stock Disasters Knock Cathie Wood Off Her Perch
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    Evergrande Files for U.S. Bankruptcy as China Crisis Deepens. The Risks Ahead.
    A symbol of China's property crisis filed for Chapter 15 bankruptcy protection. Troubles continue at other developers—and in the financial system.  ( 27 min )
    Deere Earnings Smash Wall Street Estimates. Here’s Why the Stock Is Falling.
    Deere reports fiscal third-quarter earnings of $10.20 a share. Wall Street was looking for $8.22.  ( 26 min )
    ‘When I See a Bubble Forming, I Rush in to Buy’: George Soros Snaps Up These 2 Buy-Rated Stocks
    While the summer months are proving to be less lucrative for stock market participants, the overall trend this year has been up. The reason for the rally has been primarily down to AI hype, with various cultural commentators predicting this tech’s impact could be as big as that of the Industrial Revolution. But not all are quite as hyperbolic. There are grumblings on Wall Street that we are now entering an AI-driven bubble, with some prominent market watchers claiming the rally might not be sust  ( 34 min )
    Hawaiian Electric takes expert help but says goal not to restructure
    Ratings agency Moody's Investors Service earlier in the day downgraded the company's stock to junk status. Hawaiian shares have lost more than half of its value since the Aug. 8 wildfires that destroyed the coastal Maui town of Lahaina and killed at least 110 people. The company did not clearly outline the purpose for which it was seeking expert advice.  ( 31 min )
    Daily – Vickers Top Buyers & Sellers for 08/18/2023
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    Daily – Vickers Top Insider Picks for 08/18/2023
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    Market Digest: CCEP, CSCO, ITRI
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    An Auto-Parts Retailer Crashed—It Can Be Fixed
    Advance Auto Parts could run like a dream again with a new CEO.  ( 25 min )
    XPeng Earnings Miss, But EV Startup Sees Q3 Delivery Surge. The Stock Is Falling Anyway.
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    VinFast slumps for third straight day after eye-popping market debut
    Investing.com -- VinFast Auto (NASDAQ:VFS) shares tumbled for a third straight session in early U.S. trading on Friday, representing another step down from an eye-popping surge in the Vietnamese electric vehicle maker's stock after its debut on the Nasdaq on Tuesday.  ( 31 min )
    Deere raises annual profit outlook on strong demand for large tractors
    Deere & Co raised its annual profit forecast on Friday as demand for large farm tractors remains robust, while easing supply chain bottlenecks lower manufacturing costs. The Moline, Illinois-based company has also seen high demand for its construction equipment, as the United States upgrades roads, railways and other transportation infrastructure under the Joe Biden administration's $1 trillion package approved by the Senate in 2021. Deere, a barometer for the global economy, has maintained resilient operating profit margins, despite global market volatility.  ( 31 min )
    Deere Raises Profit Outlook With Farmer Demand Still Strong
    (Bloomberg) -- Deere & Co. lifted its financial outlook for the year as machinery demand from farmers remained robust despite slumping crop prices.Most Read from BloombergChina Evergrande Group Files Chapter 15 Bankruptcy in New York‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateGoldman Plans Hiring Spree to Fix Lapses After Increased Fed ScrutinyNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysGlobal Yields Reach 15-Year Highs as Rate-Hike Worries BuildThe world’s top  ( 31 min )
    Bitcoin Could Fall Another 25%. Will Elon Musk and SpaceX Be to Blame?
    Elon Musk's SpaceX has written down the value of its crypto holdings and sold Bitcoin, The Wall Street Journal reports.  ( 26 min )
    Billionaire Steve Cohen Fights a $10 Million Tax Bill to Derail an IRS Plan
    (Bloomberg) -- Steve Cohen is contesting an Internal Revenue Service campaign to compel hundreds of money managers — including his Point72 Asset Management — to pay self-employment taxes on a main source of earnings.Most Read from BloombergChina Evergrande Group Files Chapter 15 Bankruptcy in New York‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateGoldman Plans Hiring Spree to Fix Lapses After Increased Fed ScrutinyNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysGlobal  ( 32 min )
    Ford demands secrecy as it preps salaried workers for blue-collar jobs if UAW strikes
    Secret Ford meetings prep white-collar workers to work in parts depots if the UAW goes on strike. "This is the little bit Ford can do," analyst says.  ( 36 min )
    These Stocks Are Moving the Most Today: Applied Materials, Keysight, Farfetch, Deere, XPeng, and More
    Applied Materials reports earnings and issues a forecast better than analysts' expectations, Keysight stock falls after a weaker-than-expected fiscal fourth-quarter outlook, and Farfetch slumps after a quarterly sales miss. Meanwhile, Deere, XPeng, and Palo Alto Networks are scheduled to report earnings Friday.  ( 27 min )
    China Steps Up Efforts to Stabilize Markets as Confidence Slumps
    (Bloomberg) -- Chinese authorities have stepped up efforts in recent days to bolster the financial market in a sign that Beijing is growing uncomfortable with the pace of declines in stocks and the yuan. Most Read from BloombergChina Evergrande Group Files Chapter 15 Bankruptcy in New York‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateGoldman Plans Hiring Spree to Fix Lapses After Increased Fed ScrutinyNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysGlobal Yields Reac  ( 32 min )
    Generac Is a Growth Stock at a Value Price. Buy It Before the Storms Start.
    Shares of the power-generator maker are down 56% over the past year, and 35% since Barron’s recommended buying them last fall.  ( 26 min )
    No, SpaceX Isn't the Cause of This Multi-Billion Dollar Bitcoin Bloodbath
    Bitcoin prices fell suddenly late on Thursday amid reports of hundreds of millions in sales, triggering a bloodbath across futures and spot markets.  ( 33 min )
    Vietnam Tycoon Loses $18 Billion After EV Maker’s Shares Sink
    (Bloomberg) -- After an astronomical rise in its first day of trading, VinFast Auto Ltd. is now coming back to Earth — erasing a chunk of its billionaire founder’s fortune.Most Read from BloombergChina Evergrande Group Files Chapter 15 Bankruptcy in New York‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateGoldman Plans Hiring Spree to Fix Lapses After Increased Fed ScrutinyNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysGlobal Yields Reach 15-Year Highs as Rate-Hike Wor  ( 30 min )
    Bitcoin Plunge Spurs Liquidations as SpaceX’s Token Sale Weighs
    (Bloomberg) -- Cryptocurrencies extended declines, sliding with global risk assets as investors price in higher interest rates for longer. A report of Elon Musk’s SpaceX selling Bitcoin holdings added to the concerns. Most Read from BloombergChina Evergrande Group Files Chapter 15 Bankruptcy in New York‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateGoldman Plans Hiring Spree to Fix Lapses After Increased Fed ScrutinyNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysGlob  ( 31 min )
    USW transfers its right to bid on U.S. Steel to Cleveland Cliffs
    Late-night announcement is the latest in the drama for the control of United States Steel Corp.  ( 11 min )
    Foreign investors are giving up on China as capital flows reverse
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    'Shark Tank' investor Kevin O'Leary says Michael Burry's bet against the S&P 500 is going to be painful, even if he's right eventually
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    Dow Jones Futures: Bears Rule As More Leaders Crack, But Ultimate AI Stock Nvidia Fights On
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    Treasuries to Rebound as US Recession Looms, Schroders Says
    (Bloomberg) -- Bets on long-dated Treasuries have backfired as the US economy holds firm, but payday is coming for those who are brave enough to stick to their guns.Most Read from Bloomberg‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateChina Evergrande Group Files Chapter 15 Bankruptcy in New YorkGoldman Plans Hiring Spree to Fix Lapses After Increased Fed ScrutinyNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysGlobal Yields Reach 15-Year Highs as Rate-Hike Worries Bu  ( 32 min )
    Over $1 billion in crypto market liquidations as Bitcoin hits 2-month low
    Bitcoin traded at around US$26,800 on Thursday morning in Asia after hitting a two-month low of around US$25,400. Ether fell below US$17,000.  ( 33 min )
    Elon Musk's SpaceX News Sends Bitcoin Tumbling
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  • Open

    S&P 500 Gains and Losses Today: Mixed Earnings Reactions Lead to Losses for the Week
    The S&P 500 ticked down just 0.01% and was little changed on Friday, Aug. 18, 2023, closing out a week of losses after mixed reactions to the latest earnings reports.  ( 1 min )
    Markets Mixed at Midday Amid Concerns About China's Property Market, Evergrande Bankruptcy
    U.S. equities were mixed at midday on Friday, Aug. 18, 2023, amid concerns about China’s property market after Chinese real estate giant Evergrande filed for Chapter 15 bankruptcy protection.  ( 1 min )
    5 Things to Know Before Markets Open
    Applied Materials shares climb after boosting its forecast on rising demand for AI computing and internet-connected devices, while ADRs of Chinese EV maker XPeng slide after a decline in deliveries. Here’s what investors need to know today.  ( 1 min )
    S&P 500 Gains and Losses Today: Index Dips as Healthcare Stocks Plummet
    The S&P 500 fell 0.8% on Thursday, Aug. 17, 2023, as declines in shares of CVS and other healthcare stocks weighed on the index after Blue Shield of California said it would reduce its reliance on CVS.  ( 1 min )
  • Open

    Moederbedrijf Douwe Egberts en Pickwick weigert uit Rusland te vertrekken
    Het moederbedrijf van Douwe Egberts en Pickwick, JDE Peet's, peinst er niet over om zich terug te trekken uit Rusland. Dat zegt topman Fabien Simon in een interview met The Wall Street Journal. Veel bedrijven hebben zich teruggetrokken uit Rusland wegens de inval van Rusland in Oekraïne.  ( 4 min )
    Brillenketen Specsavers stopt na een jaar al met zijn Belgische avontuur
    Specsavers stopt na nog geen jaar met zijn drie winkels in België. Dat laat de opticien- en audicienketen vrijdag weten op zijn website.  ( 3 min )
    Diepe recessie in Europa is volgens ECB-bestuurder zeer onwaarschijnlijk
    De economie van eurolanden zal in de komende jaren blijven groeien en het is onwaarschijnlijk dat die in een diepe of lange recessie zal belanden. Dat zegt bestuurder Philip Lane van de Europese Centrale Bank.  ( 4 min )
    Beurskoers Adyen daalt na dramatische beursdag naar laagste niveau in drie jaar
    De aandelenkoers van betaalverwerker Adyen daalt vrijdag verder naar de laagste koers sinds april 2020. Dit na een dramatische koersval donderdag. Toen verloor Adyen door een koersdaling van bijna 40 procent in een dag bijna 19 miljard euro aan beurswaarde.  ( 4 min )
    Big Bazar weer verder in problemen: nóg een verhuurder vraagt faillissement aan
    Het lijstje van bedrijven dat het faillissement van Big Bazar aanvraagt wordt steeds langer. Het beursgenoteerde vastgoedbedrijf Wereldhave is nu ook naar de rechter gestapt om de koopjesketen failliet te laten verklaren.  ( 3 min )
    Na pijnlijke dag daalt de beurskoers van Adyen nog verder
    De aandelenkoers van betaalverwerker Adyen daalt vrijdag verder. Dit na een dramatische koersval donderdag op de Amsterdamse beurs. Toen werd Adyen door een koersverlies van bijna 40 procent in een dag 19 miljard euro minder waard op de beurs.  ( 3 min )
    Schiphol ontlast bagagesjouwers met tilhulpen en robots
    Schiphol schaft dertig nieuwe tilhulpen aan om bagagesjouwers te ontlasten. Eerder werden ook al negentien robots ingezet na scherpe kritiek van de Arbeidsinspectie.  ( 3 min )
    Bitcoinkoers abrupt omlaag nu SpaceX de munt minder waard vindt
    De bitcoin is in een dag tijd abrupt met ongeveer 8 procent in waarde gedaald. De koers ging van ruim 26.000 euro donderdagochtend naar ruim 24.000 euro vrijdagochtend. Die waardedaling volgt op het nieuws dat SpaceX zijn bezittingen in bitcoins heeft afgewaardeerd.  ( 3 min )
    NU+ | Groot inslaan en ritje buitenland: jullie bespaartips voor boodschappen
    Nederland zit momenteel in een recessie, maakte statistiekbureau CBS woensdag bekend. Dat komt onder andere doordat huishoudens zuiniger leven. Wij vroegen jullie daarom hoe jullie de kosten van boodschappen laag houden. Op ons reactieplatform NUjij deelden lezers hun tips.  ( 4 min )
    NU+ | Zijn zonnepanelen nog wel voordelig? Jullie vragen beantwoord
    Energiebedrijf Vandebron gaat eigenaren van zonnepanelen laten betalen voor het terugleveren van stroom aan het netwerk. Op ons reactieplatform NUjij zijn daar veel vragen over gesteld. Ben Woldring, eigenaar van energievergelijkingswebsite Gaslicht.com, geeft antwoord op de beste en meestgestelde vragen.  ( 5 min )
    Rechter wil dat waakhond AFM dubieuze grondhandel aan banden legt
    In een rechtszaak waarbij een grondhandelaar op een dwingende manier lappen landbouwgrond verkocht aan een particulier, vindt de rechter dat er meer financieel toezicht moet komen op deze praktijken. De handel in grond is voor kopers namelijk zeer risicovol.  ( 5 min )
    Recordaantal van 1 miljoen bestelauto's rijdt rond in Nederland
    In Nederland rijden er nu 1 miljoen bestelauto's rond. Dat blijkt uit cijfers van de RDW (Rijksdienst voor het Wegverkeer) waar het AD over schrijft. Dit jaar zijn er al 53.000 nieuwe auto's geregistreerd. Dit zijn vooral busjes van het merk Volkswagen.  ( 3 min )
    Groot inslaan en een ritje buitenland: jullie tips om te besparen op boodschappen
    Nederland zit momenteel in een recessie, maakte statistiekbureau CBS woensdag bekend. Dat komt onder andere doordat huishoudens zuiniger leven. Wij vroegen jullie daarom hoe jullie de kosten van boodschappen laag houden. Op ons reactieplatform NUjij deelden lezers hun tips.  ( 4 min )
  • Open

    Auto Worker Strike Could Cost $5.6B and Hit Consumers Fast
    An Anderson Economic Group report shows that a 10-day United Auto Workers strike could hit the economy harder than past strikes due to lower inventory levels.  ( 1 min )
    Bankrupt Yellow Accepts $1.3B Bid for Shipment Centers from Rival Estes Express
    While entertaining multiple offers for financing, bankrupt trucking company Yellow has accepted Estes Express's $1.3 billion stalking horse bid for its shipment centers.  ( 1 min )
    China's Real Estate Giant Evergrande Files for US Chapter 15 Bankruptcy Protection
    Fueling fears of a deepening property crisis in China, Evergrande filed for Chapter 15 bankruptcy protection to manage its debt under its massive restructuring process.  ( 1 min )
    Applied Materials Beats Sales Estimates and Raises Its Guidance on AI, China Demand
    Chip tool maker Applied Materials reported sales that beat forecasts and raised its guidance on demand for AI chips.  ( 1 min )
    CVS Shares Slump as Blue Shield of California Turns to Amazon to Cut Costs
    CVS shares fell after Blue Shield of California said it would reduce its reliance on the company's pharmacy services and work with other firms, including Amazon, to cut costs.  ( 1 min )

  • Open

    ‘The AI Gold Rush Is Just Getting Started’: J.P. Morgan Recommends 2 Tech Stocks That Are Poised to Benefit From the AI Revolution
    AI has become the new ‘shiny object,’ attracting investors’ attention. The rush began this past November when OpenAI’s ChatGPT made its debut, demonstrating in the clearest possible way how AI can change the ways computers use the data they collect and the ways we interact with them. The sudden interest in AI has had a spiraling effect. Investors are seeking companies with greater exposure to AI, while tech firms are eager to publicize their own AI links and offerings. Keeping a close watch on t  ( 35 min )
    A 27-year-old personal finance creator breaks down the investment portfolios he's using to reach $2 million in 8 years — and shares the account types and categories of stocks he believes will accelerate his returns
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    Inflation is falling and the end of rate hikes is in sight - so why are bond yields still rising?
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    Dow Jones Joins Sell-Off As More Leaders Crack, But The Ultimate AI Stock Fights On
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    Markets should brace for a turbulent few weeks as slow motion rate shock continues, DataTrek says
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    BofA’s Warning of a ‘5% World’ Sinks in With Yields Pushing Higher
    (Bloomberg) -- All around the world, bond traders are finally coming to the sobering realization that the rock-bottom yields of recent history might be gone for good. Most Read from Bloomberg‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysGlobal Yields Reach 15-Year Highs as Rate-Hike Worries BuildChina Evergrande Group Files Chapter 15 Bankruptcy in New YorkKen Griffin Reshaped Law Banning Chinese Real Estate PurchasesTh  ( 34 min )
    Applied Materials Gives Strong Forecast as Chip Slump Eases
    (Bloomberg) -- Applied Materials Inc., the largest US maker of chipmaking machinery, gave a bullish forecast for the current quarter, indicating that an industry slump may be fading.Most Read from Bloomberg‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateGlobal Yields Reach 15-Year Highs as Rate-Hike Worries BuildNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysFed Saw ‘Significant’ Inflation Risk That May Merit More HikesKen Griffin Reshaped Law Banning Chinese Real Est  ( 32 min )
    'Starting With Nothing Is Where The Big Bucks Are Made' – Mark Cuban Says The Best Way To Start A Business Is With As Little Money As Possible
    According to billionaire entrepreneur Mark Cuban, taking a different approach when launching a business can lead to more success than relying on raising capital. During a recent Southby Southwest (SXSW) panel discussion, Cuban emphasized the value of starting a business “with as little money as possible” and bootstrapping it as much as you can. In the session titled Unleashing the Entrepreneur In Everybody, Cuban provided some insight on raising capital. Don’t Miss: The biggest disruption to sma  ( 32 min )
    China Evergrande Group Files Chapter 15 Bankruptcy in New York
    (Bloomberg) -- China Evergrande Group sought Chapter 15 bankruptcy protection in New York on Thursday, court papers show. Most Read from Bloomberg‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateGlobal Yields Reach 15-Year Highs as Rate-Hike Worries BuildNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysFed Saw ‘Significant’ Inflation Risk That May Merit More HikesKen Griffin Reshaped Law Banning Chinese Real Estate PurchasesChapter 15 bankruptcy protects company’s US ass  ( 31 min )
    XPeng’s Earnings Should Be Wild. They’ll Matter for Tesla.
    For the quarter that ended in June, Wall Street expects XPeng to report a per-share loss of 31 cents from sales of $707 million. A year ago, XPeng reported a 46-cent loss from $1.1. billion in sales.  ( 26 min )
    Top CD Rates Today: 5.76% Jumbo CD Is New National Leader
    Today's best CD rates are 5.76% from Connexus Credit Union for 1 year, 5.75% from MapleMark Bank for 1 year, and 5.65% from Dow Credit Union for 3 months.  ( 21 min )
    The EV Startup Worth More Than GM Had Troubled U.S. Rollout
    The Vietnamese electric-car company has flip-flopped on strategy and recalled vehicles.  ( 27 min )
    The SEC Is Moving Fast to Erase Crypto’s Big Court Victory
    In a case last month, a federal judge decided that most sales of a token called XRP didn't qualify as securities transactions.  ( 26 min )
    Options Are All the Rage in Stocks With $2 Trillion Deadline Looming
    (Bloomberg) -- The fresh boom in stock options that expire within 24 hours has grabbed all the attention on Wall Street trading desks — spurring a Goldman Sachs Group Inc. warning that the activity is fueling the recent market selloff.Most Read from Bloomberg‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateGlobal Yields Reach 15-Year Highs as Rate-Hike Worries BuildNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysFed Saw ‘Significant’ Inflation Risk That May Merit More H  ( 33 min )
    Stocks slide for third straight day as yields continue climb: Stock market news today
    Wall Street failed to rebound, continuing a gloomy August.  ( 32 min )
    Broadcom Secures $28.4 Billion Debt Financing for VMware Buy
    (Bloomberg) -- Broadcom Inc. has secured up to $28.4 billion in new debt commitments to fund its purchase of VMware Inc. and replace a shorter-term loan it had snagged as it awaits regulatory approval for the deal.Most Read from BloombergChina Evergrande Group Files Chapter 15 Bankruptcy in New York‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateGoldman Plans Hiring Spree to Fix Lapses After Increased Fed ScrutinyNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysGlobal Y  ( 32 min )
    AAA: I'm Selling My House and Netting $400k to ‘Pay Off My Retirement Home.' Do I Have to Pay Capital Gains Tax?
    I am selling my house and the price is $504,999. After paying off this house I will net $400,000. Do I have to pay a capital gains tax as I’m planning to pay off my retirement home with the money I netted? – Thomas The answer is solidly "it depends," both in terms of whether […] The post AAA: I’m Selling My House and Netting $400k to ‘Pay Off My Retirement Home.’ Do I Have to Pay Capital Gains Tax? appeared first on SmartReads by SmartAsset.  ( 33 min )
    Who owns the largest amount of shares in U.S. Steel, Cleveland-Cliffs?
    Who owns the most U.S. Steel and Cleveland-Cliffs stock?  ( 11 min )
    Nvidia’s AI Chips Are Pulling Ahead in the Cloud. Why the Stock Is a Buy.
    Jefferies analyst Mark Lipacis analyzed the June data for the six top cloud-based service providers and found that Nvidia gained market share over the past year.  ( 26 min )
    Dow Jones Falls As Walmart Tumbles; Cathie Wood Piles Into This Stock After 50% Plunge
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    Load up on bonds for their juicy yields before the stock-market rally loses steam, says Morgan Stanley
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    'Another Meme Bites The Dust': After AMC's Crash, Bond King Bill Gross Warns That GameStop Is Next — Here's His Best Value Stock Pick
    AMC Entertainment Holdings Inc. (NYSE:AMC) was one of the hottest meme stocks in 2021. Now, it's facing a stark reality. On Monday, AMC shares plummeted 35%. Investors were concerned about dilution following Friday's court approval of a settlement that would allow the company to convert its preferred equity units into common shares. This significant movement in the stock caught the attention of legendary investor Bill Gross, known widely as the Bond King. "Another Meme bites the dust — AMC," he  ( 33 min )
    Elon Musk's SpaceX turns profit in first quarter as revenue soars - WSJ
    SpaceX did not immediately respond to a Reuters request for comment. The space company, which was founded more than two decades ago, was valued at roughly $150 billion at a recent employee stock sale, putting its valuation on par with that of Intel or Walt Disney , the Journal reported. In 2022, revenue doubled to $4.6 billion, helping the company reduce its loss last year to $559 million from $968 million, the WSJ reported.  ( 30 min )
    Bankrupt Trucker Yellow Gets $1.3 Billion Bid From Rival Estes
    (Bloomberg) -- Trucking firm Estes Express Lines has struck a $1.3 billion deal to acquire all of Yellow Corp.’s terminals out of bankruptcy, an offer that’s subject to higher bids should any materialize in the coming weeks.Most Read from Bloomberg‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateFed Saw ‘Significant’ Inflation Risk That May Merit More HikesNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysKen Griffin Reshaped Law Banning Chinese Real Estate PurchasesGloba  ( 30 min )
    Analyst Report: BCE Inc
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    Analyst Report: Simon Property Group, Inc.
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    Analyst Report: UWM Holdings Corporation
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    Analyst Report: Target Corp
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    Americans will run out of pandemic savings next month, Fed warns
    Americans will burn through all their pandemic savings by the end of September, according to estimates by the Federal Reserve.  ( 31 min )
    Market Update: SPG, TGT, BCE, UWMC
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    U.S. Steel clarifies role of union in change in company’s control
    United States Steel Corp. released more details Thursday on its obligations under its basic labor agreement with United Steelworkers on the union’s role in any plant or corporate transaction.  ( 10 min )
    401(k) millionaires are on the rise after taking a hit last year. Boomers are leading the way
    Retirement account balances are roaring back after 2022's dismal performance.  ( 32 min )
    Tesla warns Core Lithium of potential lawsuit over failed deal
    The two companies failed to reach a deal by Oct. 26, 2022, as decided earlier, and now Tesla would take "all available legal remedies" unless the parties mutually resolve the matter, Core lithium said in a presentation on Wednesday. The notice of a potential legal claim is related to a binding term sheet the companies signed in March last year to negotiate the terms of a supply agreement under which Elon Musk-led Tesla would have received spodumene, a lithium-rich mineral.  ( 31 min )
    Adyen Shares Dive After Reporting Slowest Sales Growth Amid Stiff Competition
    ADRs of European payments giant and Stripe rival Adyen tumbled on Thursday after reporting its slowest sales growth ever, citing competition in key markets including the U.S.  ( 18 min )
    SoFi Snags Higher Price Target as Investors Show ‘More Sustained Interest’
    Citi analysts raised their price target on the fintech stock to $12 from $10.  ( 26 min )
    AB InBev’s Bud Light has started to win over Americans again, according to a Deutsche Bank survey
    Bud Light was caught in a heated controversy in April over a collaboration with transgender influencer Dylan Mulvaney which gutted sales.  ( 32 min )
    Stocks turn lower as yields stay near recent highs: Stock market news today
    Wall Street looked to rebound from two straight down sessions.  ( 31 min )
    Cash-Strapped Collectors Offload Prized Memorabilia. ‘Literally Like Selling Away My Life.’
    Their collectible baseball cards, sneakers and Barbie dolls are their emergency funds.  ( 21 min )
    Coinbase, Tarred as an Illicit Exchange by the SEC, Quietly Got Regulated Elsewhere in the U.S.
    As Coinbase Inc. (COIN) scraps with the U.S. Securities and Exchange Commission (SEC) on its right to exist as an exchange, the company has achieved an unprecedented milestone in U.S. oversight by winning approval to handle customers’ buying and selling of crypto futures.  ( 34 min )
    Stock Market Mixed As Nasdaq Struggles; CVS Health Plunges On Mark Cuban News
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    Ask an Advisor: I'm 61 With $900k in My 401(k) and $800K Sitting in a Money Market Account. How Should I Invest?
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    After stellar debut, Vietnamese EV maker VinFast's shares drop for second day
    Its shares fell 16% in early trading after losing 19% in the previous session as the loss-making company faces an ambitious annual goal set by its founder Pham Nhat Vuong - to sell 50,000 EVs, more than twice the sales notched up so far this year. Meanwhile, its lofty valuation could be at risk as it looks to raise more capital over the next 18 months.  ( 30 min )
    Billionaire Steve Cohen Loads Up on These 2 ‘Strong Buy’ Penny Stocks — Here’s Why Wall Street Sees Over 500% Upside Potential
    There are two sides to every coin. For penny stocks, or tickers that trade for less than $5 per share, this rings especially true. As some of the most divisive names on the Street, they are either met with resounding praise or forceful discontent. Going beyond the argument that you get more for your money, even minor price appreciation can result in massive percentage gains. However, some investors prefer to avoid these stocks entirely, as the fact that shares are trading at such depressed level  ( 35 min )
    A New REIT Is Taking On The Housing Affordability Crisis, And Its Plan Looks Promising
    In response to the country’s escalating housing affordability issue, Elevate Money's new real estate investment trust (REIT), the Future Of Housing Fund (FOHF), is proposing a solution. Partnering with modular home manufacturer Boxabl, the fund aims to channel investment capital and innovation into the affordable housing sector. Boxabl's Innovative Home Construction Method Boxabl is making waves for its novel approach to home construction. Its modular units, which can be efficiently folded and s  ( 31 min )
    VinFast Stock Falls for Second Day
    Shares of electric-vehicle company VinFast fell more than 8% early Thursday, retreating for a second consecutive session. The Vietnamese car maker debuted on the Nasdaq on Tuesday after merging with a special-acquisition company. The stock more than tripled in its first day of trading, [vaulting Vi  ( 21 min )
    This Natural Gas Stock Is The Big Winner On New S&P Index Shuffle
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    CVS Health Stock Falls After Insurer Says It Will Drop Caremark
    Shares of CVS Health dropped early Thursday after health insurer Blue Shield of California said it will drop CVS's Caremark pharmacy-benefit manager to work with other companies, includi  ( 22 min )
    Sure, You Can Now Delay RMDs. But Think Twice Before You Actually Do
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    Empty Nesters: Avoid This Too Common Retirement Mistake
    Saving for retirement is a lifelong undertaking. It involves keeping your retirement goals in mind as you have children, get different jobs and move from place to place. However, a recent study from the Center for Retirement Research at Boston College … Continue reading → The post Empty Nester? This Avoidable Mistake Could Jeopardize Your Retirement appeared first on SmartAsset Blog.  ( 42 min )
    The battle for U.S. Steel: The Pittsburgh icon is weighing multiple offers in an unexpectedly public saga
    With bids in play from Cleveland-Cliffs and Esmark, a battle for U.S. Steel is underway.  ( 27 min )
    Ask an Advisor: ‘Am I Too Late?' I'm 68, Have No Investments and Only Have $60K Saved
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    J&J Holders to Get 8 Kenvue Shares for Each J&J Share in Exchange Offer
    The $40 billion J&J exchange offer for Kenvue stock is likely to be oversubscribed  ( 27 min )
    Buy Apple Stock Ahead of the iPhone 15 Release? History Will Repeat Itself, Citi Says.
    Apple stock typically performs well ahead of a new iPhone release and this year will be no different, according to one of its strongest bulls.  ( 27 min )
    Payments Provider Adyen Risks Losing its Stock-Market Halo
    Another set of results from Adyen, another stock-market drubbing. The Dutch payments provider, once a darling of the European tech scene, needs Silicon Valley to get its mojo back. The stock was down by more than a quarter in European trading Thursday after the company put out half-year numbers tha  ( 24 min )
    Hawaiian Electric Stock Tumbles After Restructuring Report
    Hawaiian Electric shares fell around 26% in premarket trading Thursday after The Wall Street Journal reported that the utility company is in [talks with firms that specialize in restructuring advisory work](https://www.wsj.com/articles/hawaiian-electric-in-talks-with-financial-restructuring-professi  ( 21 min )
    Bitcoin Tumbles Below $29,000. Here’s How Much Further It Can Fall.
    After weeks of inaction, cryptos have a catalyst. Expectations of higher interest rates for longer send Bitcoin and other tokens spiraling.  ( 26 min )
    Dow Jones Futures Rise After Jobless Claims; Walmart Jumps On Earnings
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    Investors are betting it's 1998, not 2007: Morning Brief
    Investors are pricing in a rate cut and no recession.  ( 32 min )
    CVS Stock Drops. One of Its Insurance Partners Is Turning to Amazon.
    Blue Shield of California is dropping CVS’s Caremark, its current pharmacy-benefit manager, and replacing it with a selection of other companies including drug delivery from Amazon.  ( 27 min )
    Walmart CFO on gaining high-income shoppers: 'This is not your grandfather's Walmart'
    Walmart's refresh is inviting in a new wave of customers, according to the company's C-suite.  ( 32 min )
    Walmart Posts Another Strong Quarter, the Stock Shrugs. Here’s Why.
    The retailer raised guidance as earnings beat Wall Street expectations, driven by groceries.  ( 26 min )
    Warren Buffett's Second-Largest Bet After Apple Is Paying Off
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    Coach Parent Tapestry Slides After Earnings Miss, Weak Guidance
    Tapestry posts fiscal fourth-quarter earnings of 95 cents a share, while Wall Street was expecting 97 cents.  ( 26 min )
    China's sliding yuan could be next 'black swan event' for markets, hedge fund EDL says
    Hedge fund EDL Capital is betting on further falls for China's offshore currency and says the yuan's slide could be the next "black swan event" to rattle world markets, according to an investor presentation this month seen by Reuters. The U.S. dollar has strengthened roughly 6% against the offshore yuan so far this year and Chinese state banks have been seen selling dollars this week to stem the yuan fall. EDL Capital, which manages about $1 billion, said factors weighing on the yuan include geopolitical tensions driving Western countries to re-home supply chains that will starve China of foreign investment.  ( 30 min )
    Blue Shield of California looks to cut reliance on CVS, taps Amazon
    The move sent shares of CVS sliding 8%, while rivals Cigna Group and UnitedHealth Group, which also have pharmacy benefit management units, fell sharply in premarket trading. Pharmacy benefit managers, which maintain lists of drugs covered by health insurance plans and negotiate prices with manufacturers, have recently come under scrutiny from lawmakers for their role in rising healthcare costs.  ( 31 min )
    Walmart earnings smash expectations after weaker quarter from Target
    Walmart's grocery business, e-commerce efforts, and guidance raise shone in its second quarter earnings.  ( 34 min )
    Walmart earnings smash expectations after weaker quarter from Target
    Walmart has been on the hunt for new profit drivers.  ( 33 min )
    Daily Spotlight: Commodity Prices Cool Off
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    Analyst Report: Vontier Corp
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    Analyst Report: Quest Diagnostics, Inc.
    No content preview
    Analyst Report: CBOE Global Markets Inc.
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    Market Digest: CL, DGX, CBOE, CTVA, VNT, NET
    No content preview
    A Big Health Insurer Is Ripping Up the Playbook on Drug Pricing
    Blue Shield of California says it aims to save millions on drug costs, and plans to drop CVS Caremark as pharmacy-benefit manager  ( 26 min )
    Daily – Vickers Top Buyers & Sellers for 08/17/2023
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    Daily – Vickers Top Insider Picks for 08/17/2023
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    History Says Buy Apple Stock Ahead of iPhone 15 Release. History Will Repeat, Citi Says.
    Apple stock typically performs well ahead of a new iPhone release and this year will be no different, according to one of its strongest bulls.  ( 27 min )
    These Stocks Are Moving the Most Today: Cisco, Wolfspeed, Ball, Hawaiian Electric, Walmart, and More
    Cisco's fiscal fourth-quarter profit and sales beat analysts' estimates, Wolfspeed posts a wider-than-expected loss and issues disappointing guidance, BAE Systems is buying Ball Aerospace for $5.5 billion, and Walmart is scheduled to report second-quarter earnings.  ( 27 min )
    Wireless Carriers Lose Billions as Smartphone Demand Slows
    (Bloomberg) -- The top three US wireless carriers have lost billions in revenue as smartphone sales dwindle in a reversal of the pandemic boom.Most Read from BloombergFed Saw ‘Significant’ Inflation Risk That May Merit More HikesGoldman CEO’s Most Loyal Deputy Is Tested by Mutinous PartnersNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysKen Griffin Reshaped Law Banning Chinese Real Estate PurchasesGoldman Sachs Blames Zero-Day Options for Fueling S&P 500 SelloffAT&T Inc., T-Mobile US  ( 32 min )
    Bitcoin Tumbles Below $29,000 on Interest Rate Worries. Here’s How Far It Can Fall.
    After weeks of inaction, cryptos have a catalyst. Expectations of higher interest rates for longer send Bitcoin and other tokens spiraling.  ( 26 min )
    Adyen Plunges 23% as Record Low Sales Growth Disappoints
    (Bloomberg) -- Adyen NV’s shares plunged most on record after first-half earnings missed estimates, weighed down by the Dutch fintech company’s hiring push and inflationary pressures. Most Read from BloombergFed Saw ‘Significant’ Inflation Risk That May Merit More HikesGoldman CEO’s Most Loyal Deputy Is Tested by Mutinous PartnersChina Shadow Bank Misses Dozens of Payments as Risks GrowKen Griffin Reshaped Law Banning Chinese Real Estate PurchasesNiger Soldiers Killed in Attacks by Armed Group,  ( 32 min )
    PayPal Stock Can’t Catch a Break. A Big Investor Cut Its Stake.
    Shares of the payments giant are down 80% from their pandemic-era high in 2021.  ( 26 min )
    Oil Stocks Are Back. Pioneer and 3 Other Gushers.
    Oil exploration-and-production companies look like the sweet spot for investors, rather than refiners, oil-field services providers, or other energy-related firms.  ( 26 min )
    Crypto Long Trades Account for 90% of Total Liquidations as Bitcoin, Ether Slump
    One trading firm has a price target of as low as $24,000 in the coming months in the absence of immediate market catalysts.  ( 31 min )
    Stock-Market Rally Makes More 401(k) Savers Millionaires
    The average retirement saver with a seven-figure balance is 59 years old.  ( 26 min )
    Exclusive-China's major state banks sell dollars for yuan in London, NY hours - sources
    China's major state-owned banks were seen busy selling U.S. dollars to buy yuan in both onshore and offshore spot foreign exchange markets this week, people with direct knowledge of the matter said, in an attempt to arrest the yuan's rapid losses. State banks usually act on behalf of China's central bank in the country's foreign exchange market, but they could also trade on their own behalf or execute their clients' orders. Offshore branches of the state banks were seen selling dollars during London and New York trading hours this week, two sources with direct knowledge of the matter said on Thursday.  ( 30 min )
    Bitcoin dives to US$28,500; Coinbase buoyed by US futures approval; Fed minutes cast shadow over equities
    Bitcoin, Ether and Top 10 crypto fell on Thursday morning in Asia. Coinbase receives futures approval.  ( 32 min )
    Deflation could soon hit the US as real estate and stock prices are at risk of crashing, economist says
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    NVIDIA's Top Stories: How It's Beating Competition in AI in US and Overseas
    Today's top stories for NVIDIA Corp (NASDAQ: NVDA) revolve around the competitive landscape of the semiconductor industry and the company's strategic moves in the market. NVIDIA's AI Chips: A Game-Changer for Data Centers: NVIDIA's CEO, Jensen Huang, underscored the economic advantages of the company's AI chips over traditional CPUs in data centers. The Grace Hopper Superchip, a fusion of CPU and GPU, promises substantial energy savings and enhanced performance for generative AI tasks. Huang ill  ( 32 min )
  • Open

    Bank Letter of Credit Policy Definition
    A bank letter of credit policy assures a company engaged in an international transaction of the creditworthiness of the buyer.  ( 19 min )
    Blockstack (Stacks): What it is, How it Works, FAQ
    Blockstack (Stacks) is a blockchain-based version of the internet that allows full control of data and apps to the user.  ( 22 min )
    Which Transactions Affect Retained Earnings?
    Retained earnings are the cumulative earnings that have yet to be paid to shareholders. Retained earnings are also used to reinvest back into the company or pay down debt.  ( 23 min )
    How to Predict Where the Market Will Open
    Find out how some indicators help investors predict the likely opening direction of stocks. Also, determine how international markets influence the open.  ( 22 min )
    Leveraging Your Real Estate Net Worth
    Using leverage in a housing purchase can significantly increase your real estate net worth. Learn how increasing leverage can benefit your net worth.  ( 25 min )
    Actuarial Adjustment
    An actuarial adjustment refers to a revision made to reserves, premiums, benefit payments, or other values based on a change in actuarial assumptions.  ( 19 min )
    3 MBA Double Majors That Boost Your Value
    Fast-track your MBA degree with a double major to help give your career the edge it needs and create a focus in an area of expertise.  ( 23 min )
    Can You Fund a 529 Plan With a CD?
    Saving for college is a major investment that can span years. CDs can take several years to mature. So can you use CDs to fund a 529?  ( 22 min )
    How Do Business Loans Work?
    A business loan is a type of financing that is used by businesses. Companies can take out business loans from a bank, an online lender, or a credit union.  ( 22 min )
    What Is a Bridge Loan and How Does It Work, With Example
    A bridge loan is short-term financing used until a person or company secures permanent financing. It provides immediate cash flow.  ( 23 min )
    Merchant Category Codes (MCC): Definition, Purposes, and Examples
    Merchant category codes (MCC) are used by credit card companies to classify purchases according to the type of merchant. They are important for card rewards programs and other purposes.  ( 23 min )
    Zero Liability Policy: How It Works for Credit and Debit Cards
    A zero liability policy absolves a credit or debit cardholder from responsibility for fraudulent charges. But it may not apply in all circumstances.  ( 23 min )
    Top CD Rates Today: 5.76% Jumbo CD Is New National Leader
    Today's best CD rates are 5.76% from Connexus Credit Union for 1 year, 5.75% from MapleMark Bank for 1 year, and 5.65% from Dow Credit Union for 3 months.  ( 19 min )
    S&P 500 Gains and Losses Today: Index Dips as Healthcare Stocks Plummet
    The S&P 500 fell 0.8% on Thursday, Aug. 17, 2023, as declines in shares of CVS and other healthcare stocks weighed on the index after Blue Shield of California said it would reduce its reliance on CVS.  ( 16 min )
    Wahed Invest: A Look at the Islamic Robo-Advisor
    Wahed Invest Inc. is likely a welcome platform in the robo-advisor environment for religious Muslims.  ( 25 min )
    Will Your Home Renovations Pay Off?
    Some home renovations can boost the value of your home but others will cost you money you won't recoup. Consider a few things before investing in upgrading your home.  ( 23 min )
    CVS Shares Slump as Blue Shield of California Turns to Amazon to Cut Costs
    CVS shares fell after Blue Shield of California said it would reduce its reliance on the company's pharmacy services and work with other firms, including Amazon, to cut costs.  ( 17 min )
    Medicaid Waiver
    A Medicaid waiver is an expansion of Medicaid eligibility for people with disabilities, among other populations.  ( 22 min )
    6 Ways to Cut the Cost of Your Car Loan
    Buying a car is a big purchase, especially if you have to borrow to make it happen. These tips will help you get a loan at a cost that's right for you.  ( 23 min )
    Is Dividend Investing a Good Strategy?
    Understanding dividends and how they generate steady income for shareholders will help you become a more informed and successful investor.  ( 23 min )
    Ancillary Benefits: What They are, Benefits
    Ancillary benefits are a secondary type of health insurance that covers miscellaneous medical expenses that are incurred during a stay at the hospital.  ( 18 min )
    Cooperative Insurance: What it Means, How it Works
    Cooperative insurance can cover co-op apartments and healthcare. Cooperative insurance allows policyholders to buy more coverage at an affordable cost.  ( 22 min )
    Mortgage Rates Rise to Near a 21-Year High, Says Freddie Mac
    The 30-year fixed-rate mortgage averaged 7.09% as of August 17, a level not seen since 2002, when it peaked at 7.18%.  ( 17 min )
    Bondholder: Definition, Risks and Rewards, Taxes
    A bondholder is an individual or other entity who owns the bond of a company or government and thus becomes a creditor to the bond's issuer.  ( 28 min )
    What Is a Letter of Indemnity (LOI)? Definition and Example
    A letter of indemnity is a letter guaranteeing that contractual provisions will be met; otherwise, financial reparations will be made.  ( 19 min )
    War Damage Corporation Definition
    The War Damage Corporation was a government program created during World War II to provide coverage for property damages related to war.  ( 19 min )
    How Do Balance Transfers Affect Your Credit Score?
    Transferring balances from one or more credit cards to a new card can have both positive and negative effects on your credit score. Here is how to do it right.  ( 23 min )
    Chapter 13 Bankruptcy: Meaning, CARES Act, Example
    Chapter 13 is a U.S. bankruptcy proceeding in which debtors reorganize their finances in order to repay creditors within three to five years.  ( 24 min )
    Chapter 12 Bankruptcy: Definition, Eligibility, and How It Works
    Chapter 12 is a special form of bankruptcy filing in the United States that applies specifically to farms and fisheries.  ( 24 min )
    Silicon Valley: Definition, Where It Is, and What It's Famous for
    Silicon Valley is an area in Northern California that is home to a large number of innovative technology companies.  ( 29 min )
    A Year Later, the Inflation Reduction Act Likely Hasn’t Reduced Inflation—But Give It Time
    The Inflation Reduction Act, enacted a year ago, did a lot of things. Reducing inflation likely wasn’t one of them—at least not yet.  ( 22 min )
    Tips on Selling Your Financial Services Business
    Planning a sale or transition of your practice over time can help ease your clients into it and can net you a higher sale price.  ( 19 min )
    Markets Little Changed Midday After Mixed Earnings Results as Treasury Yields Spike
    U.S. equity markets were little changed and mixed midday on Thursday, Aug. 17, 2023, after the latest earnings reports.  ( 16 min )
    Lowest Smartphone Sales in a Decade Could Give Apple Top Unit Sales for First Time
    While markets in Asia and North America have been lagging behind, growth of premium and ultra-premium sales coupled with the launch of the iPhone 15 could catapult Apple over competitors in unit sales.  ( 17 min )
    Stranger-Owned Life Insurance (STOLI): Meaning and Regulations
    Stranger-owned life insurance is when someone tries to buy coverage on a person they don't know, and is illegal. Here's why.  ( 24 min )
    Blue Book: What it is, How it Works, Effect
    The Blue Book or Kelley Blue Book lists new and used car prices, helping car buyers determine the fair market value and trade-in value of automobiles.  ( 21 min )
    More Young People Are Opening IRAs Even As Student Debt Payments Loom
    The number of IRA accounts rose 34.8% for females aged 18 to 35.  ( 17 min )
    Multifiber Arrangement: What It Was and Special Considerations
    The Multifiber Arrangement (MFA) was an international trade agreement between several countries on textiles and clothing that was active from 1974 to 2004.  ( 21 min )
    Adyen Shares Dive After Reporting Slowest Sales Growth Amid Stiff Competition
    ADRs of European payments giant and Stripe rival Adyen tumbled on Thursday after reporting its slowest sales growth ever, citing competition in key markets including the U.S.  ( 17 min )
    AAA: Definition as Credit Rating, Criteria, and Types of Bonds
    AAA is the highest possible rating assigned to the bonds of an issuer by credit-rating agencies such as Standard & Poor’s and Fitch Ratings. Read more about these bonds.  ( 22 min )
    A-/A3: Definition, Bond Ratings Scale, Example
    A-/A3 are similar rating categories issued by two different rating agencies, Moody's and S&P, to reflect long-term investment bond creditworthiness.  ( 21 min )
    Record-Breaking Third of Homes for Sale Are New Construction
    Homebuyers are increasingly turning to newly built single-family homes, representing a record 31.4% of homes on the market in the second quarter.  ( 17 min )
    Food and Online Sales Surge Powers Walmart's Profit and Earnings in the Second Quarter
    Retail giant Walmart beat profit and sales estimates thanks to surging grocery and e-commerce sales, as its discount-oriented business model shielded it from a broader slowdown in consumer spending.  ( 18 min )
    Aid Trickles In As Homeowner's Losses and Risks From Maui's Wildfires Rise
    Insurance losses from Maui's historic wildfires, which have claimed more than 100 lives and up to 2,200 buildings, could top $3.2 billion for homeowners and lead to the biggest insurance payout in Hawaii's history.  ( 19 min )
    Ball Shares Surge as BAE System Buys Its Aerospace Operations for $5.6 Billion
    Britain's largest defense company, BAE Systems, said it plans to acquire Ball's aerospace operations for $5.6 billion.  ( 16 min )
    Mortgage Rates Hovering Near Highest Levels Since 2002
    The 30-year mortgage average is wavering just below a 21-year high. Movement was mixed across other loan types, with the three major ARM averages rising slightly.  ( 20 min )
    Can You Get an FHA Loan for a Mobile Home?
    If you have difficulty obtaining a conventional mortgage for a manufactured home, an FHA loan is an alternative for buying the home, the lot, or both.  ( 24 min )
    U.S. Debt Ceiling: Definition, History, Pros, Cons, Clashes
    The debt ceiling is a limit that Congress imposes on the amount that the federal government can owe. Discover the current debt ceiling and its economic impact.  ( 30 min )
    B1/B+: What It Is, How It Works, Special Considerations
    B1/B+ is the highest quality credit rating for non-investment grade bonds.  ( 21 min )
    Passbook Loan: Meaning, How It Works, Pros and Cons
    A passbook loan is a personal loan made to a savings account holder by the custodial bank using the balance of the savings account as collateral.  ( 21 min )
    5 Things to Know Before Markets Open
    Walmart shares rise after reporting its inventory management and a jump in online sales helped it grow revenue above expectations, and Cisco shares move higher after an increase in orders helped it beat earnings estimates. Here’s what investors need to know today.  ( 18 min )
    Most Expensive Stocks By Share Price
    What are the most expensive stocks by share price? Berkshire Hathaway, NVR, Seaboard, Booking Holdings, and AutoZone top the list. While share price itself doesn't equal market value, here is a rundown of the most expensive stocks.  ( 20 min )
    Allocated Loss Adjustment Expenses (ALAE) Definition, Examples
    Allocated loss adjustment expenses (ALAE) are part of an insurer’s expense reserves that are attributed to the processing of an insurance claim.  ( 19 min )
    The Best Way to Get Out of Your Car Lease
    If you want to get out of a car lease without paying early termination fees, then you have some alternatives, including lease swapping.  ( 20 min )
    The Digital Divide: What It Is, and What's Being Done To Close It
    The digital divide refers to the gap between people who have access to modern information and communications technology and those who don’t.  ( 26 min )
    Advance Loss of Profit (ALOP) Insurance: What it is, How it Works
    Advance loss of profit (ALOP) insurance provides coverage for financial losses due to delays in construction and infrastructure projects.  ( 18 min )
    Prior Acts Coverage: What it Means, How it Works
    Prior acts coverage is a feature of an insurance policy that extends current coverage to pay claims made on events that took place prior to the policy's date of purchase.  ( 19 min )
    What Is Crypto Lending?
    Crypto lending is the process of depositing cryptocurrency that is lent out to borrowers in return for regular interest payments.  ( 24 min )
    Insurance Defense: What it Means, How it Works
    Insurance defense refers to attorneys who focus on representing cases that stem from insurance matters.  ( 18 min )
    Aggregate Limit of Liability: Definition, How It Works, Example
    The aggregate limit of liability refers to the most money an insurer can be obligated to pay to a policyholder during a specified period.  ( 19 min )
    Condotel: Definition, Ownership, Pros & Cons
    A condotel is a hybrid property that combines the ownership of a condominium with the option to rent out units like a traditional hotel.  ( 18 min )
  • Open

    We kopen steeds minder, maar hogere prijzen houden winkelomzet overeind
    De winkelverkopen dalen alsmaar verder. Al vijf kwartalen op rij kopen we minder dan in dezelfde periode een jaar eerder. Door prijsverhogingen blijft de omzet voor veel winkels toch nog redelijk op peil.  ( 3 min )
    Britse regering staat toe dat pubs zondag eerder opengaan voor WK-finale
    De Britse regering roept lokale overheden op de pubs toestemming te geven om zondag vroeger open te gaan. Zondag spelen de Engelse voetbalsters onder leiding van bondscoach Sarina Wiegman de WK-finale tegen Spanje.  ( 3 min )
    Beurswaarde Adyen keldert met 19 miljard euro in een dag
    Betalingsverwerker Adyen kende donderdag een uitzonderlijk slechte dag. Door tegenvallende resultaten in het eerste half jaar wilden beleggers massaal van hun aandelen af. Daardoor ging de koers onderuit en verdampte 19 miljard euro van de beurswaarde.  ( 3 min )
    ACM: gebruikers warmtenet moeten beter worden beschermd tegen hoge tarieven
    Wie op het warmtenet is aangesloten, moet in de toekomst betere bescherming krijgen tegen extreme tarieven. Dat staat in het advies van toezichthouder ACM over nieuwe regels voor warmtenetten, waar minister Rob Jetten (Energie) aan werkt.  ( 4 min )
    H&M stopt met leveranciers in Myanmar na misstanden in kledingfabrieken
    Kledingketen H&M wil stapsgewijs stoppen met leveranciers in Myanmar, meldt persbureau Reuters. Woensdag is een rapport over wantoestanden in kledingfabrieken in het Aziatische land verschenen.  ( 3 min )
    Nog eens drie faillissementsaanvragen voor koopjesketen Big Bazar
    Nog eens drie partijen willen een faillissementsaanvraag doen voor koopjesketen Big Bazar. Dat meldt directeur Joost Konings van Invorderingsbedrijf Amsterdam, dat de aanvragen in behandeling heeft.  ( 3 min )
    Armoede-experts: leven dreigt voor veel mensen onbetaalbaar te worden
    Om te voorkomen dat het leven voor veel Nederlanders onbetaalbaar wordt, moet het demissionaire kabinet actie ondernemen. Dat zeggen budgetinstituut Nibud en Defence for Children als reactie op een armoedewaarschuwing waar het Centraal Planbureau (CPB) woensdag mee kwam.  ( 5 min )
    Handel in Adyen kort stilgelegd na extreme koersval van 25 procent
    De handel in het aandeel Adyen is donderdag korte tijd stilgelegd op de Amsterdamse beurs. De stap volgde op een koersverlies van 25 procent van het aandeel. Dat is het grootste dagverlies voor het betaalbedrijf, dat sinds 2018 een notering heeft in Amsterdam.  ( 3 min )
    FNV pleit voor minimumloon van 16 euro in strijd tegen armoede
    Vakbond FNV vindt een minimumloon van 14 euro niet meer hoog genoeg en pleit voor een verhoging naar 16 euro per uur. Ook toeslagen en kindgebonden budgetten zouden omhoog moeten in de strijd tegen armoede, vindt voorzitter Tuur Elzinga.  ( 4 min )
    Minister is klaar met vertraging en pakt 5G-frequenties van satellietbedrijf af
    Minister Micky Adriaansens (Economische Zaken) heeft genoeg van de vertraging die satellietbedrijf Inmarsat veroorzaakt voor de ontwikkeling van sneller 5G-internet. Het bedrijf houdt belangrijke radiofrequenties bezet die daarvoor nodig zijn. Daarom pakt Adriaansens die frequenties op 1 februari 2024 af.  ( 5 min )
    Vooral onder jongeren neemt werkloosheid toe
    De werkloosheid in Nederland is in juli licht toegenomen. 3,6 procent van de beroepsbevolking was werkloos, tegen 3,5 procent een maand eerder. Dat is nog steeds een zeer laag percentage.  ( 3 min )
    Triodos verdubbelt net als grote banken de winst door hogere rente
    Ook Triodos Bank heeft de winst over het eerste half jaar van 2023 verdubbeld. De kleinere bank volgt daarmee het voorbeeld van ABN AMRO, ING en Rabobank. De banken profiteren volop van de renteverhogingen van de Europese Centrale Bank (ECB).  ( 5 min )
    Zorgen over toenemende armoede als steunmaatregelen in 2024 stoppen
    De groei van de Nederlandse economie valt dit en volgend jaar terug. Dat is geen probleem, omdat de economie de afgelopen jaren veerkrachtig bleek ondanks meerdere crises. De zorgen zitten hem vooral in de toenemende armoede als de steunmaatregelen stoppen.  ( 6 min )
    Praat Mee | Hoe hou jij de kosten van je boodschappen laag?
    NU.nl kiest elke dag een actueel onderwerp waarover jij uitgebreid met medelezers van gedachten kunt wisselen. Nederland zit momenteel in een recessie, maakte statistiekbureau CBS gisteren bekend. Dat komt onder andere doordat huishoudens nu zuiniger leven. Wat doe jij om de kosten van je boodschappen laag te houden?  ( 2 min )
    Werkloosheid neemt iets toe, vooral onder jongeren
    De werkloosheid in Nederland is in juli licht toegenomen. 3,6 procent van de beroepsbevolking was werkloos, tegen 3,5 procent een maand eerder. Dat is nog steeds een zeer laag percentage.  ( 3 min )
    Meeste beleggers op tijd vertrokken bij cryptoplatform Binance
    De meeste Nederlandse beleggers hebben cryptoplatform Binance op tijd verlaten. Vandaag sluit Binance de Nederlandse accounts op het platform. Klanten hadden tot woensdag de tijd om hun cryptomunten over te zetten naar een ander platform.  ( 3 min )
    Economische groei valt terug, vooral zorgen over toenemende armoede
    De groei van de Nederlandse economie valt dit en volgend jaar terug. Dat is geen probleem, omdat de economie de afgelopen jaren veerkrachtig bleek ondanks meerdere crises. De zorgen zitten hem vooral in de toenemende armoede als de steunmaatregelen per 2024 stoppen.  ( 3 min )
    In 100 woorden | Is een thuisbatterij een slimme zet als je zonnepanelen hebt?
    Klanten van energiebedrijf Vandebron moeten voortaan extra betalen als ze zonnepanelen bezitten. Het bedrag is afhankelijk van de hoeveelheid elektriciteit die ze terugleveren aan het net. NUjij'ers vroegen zich af of een thuisbatterij een oplossing kan zijn.  ( 3 min )
    NU+ | Zonder sleutel je auto openen is handig, maar ook voor het dievengilde
    Veel auto's beschikken over zogenoemde keyless entry-systemen. Daarmee kun je de auto openen en starten terwijl de autosleutel in je broekzak zit. Dat is erg handig en makkelijk, maar maakt je auto ook inbraak- of diefstalgevoelig.  ( 4 min )
  • Open

    Markets Little Changed Midday After Mixed Earnings Results as Treasury Yields Spike
    U.S. equity markets were little changed and mixed midday on Thursday, Aug. 17, 2023, after the latest earnings reports.  ( 1 min )
    Most Expensive Stocks By Share Price
    What are the most expensive stocks by share price? Berkshire Hathaway, NVR, Seaboard, Booking Holdings, and AutoZone top the list. While share price itself doesn't equal market value, here is a rundown of the most expensive stocks.  ( 1 min )
    S&P 500 Gains and Losses Today: Intel Shares Fall After Ending Tower Semiconductor Deal
    The S&P 500 lost 0.8% on Wednesday, Aug. 16, 2023, after minutes from the latest Fed meeting showed members indicated interest rates may still have to rise to curb inflation.  ( 1 min )
  • Open

    Lowest Smartphone Sales in a Decade Could Give Apple Top Unit Sales for First Time
    While markets in Asia and North America have been lagging behind, growth of premium and ultra-premium sales coupled with the launch of the iPhone 15 could catapult Apple over competitors in unit sales.  ( 1 min )
    Ball Shares Surge as BAE System Buys Its Aerospace Operations for $5.6 Billion
    Britain's largest defense company, BAE Systems, said it plans to acquire Ball's aerospace operations for $5.6 billion.  ( 1 min )
    5 Things to Know Before Markets Open
    Walmart shares rise after reporting its inventory management and a jump in online sales helped it grow revenue above expectations, and Cisco shares move higher after an increase in orders helped it beat earnings estimates. Here’s what investors need to know today.  ( 1 min )

  • Open

    Synopsys Earnings Top Estimates. Founder Aart De Geus Stepping Down as CEO.
    The company's stock was rising in late trading. The chip design software firm is getting a big boost from AI.  ( 26 min )
    Insiders Bet on These 2 High-Yield Dividend Stocks – Here’s Why You Might Want to Follow in Their Footsteps
    Trying to navigate the ups and downs of the stock market and predict its future direction can seem like a complicated and daunting task. However, as with almost anything, simplicity often holds the key. One of the most straightforward strategies is to keep an eye out for insiders’ moves. After all, these corporate officers are privy to their companies’ inner workings. So, when an insider is seen picking up shares of the company they work for, especially in bulk, it sends a clear signal that they  ( 35 min )
    Will CD Rates Go Up in 2023?
    You can currently earn a record 5.90% with the top CD, and more than two dozen other CDs pay at least 5.50%. Is this the peak, or will the best CD rates climb even higher?  ( 20 min )
    Cisco Gains After CEO Points to Headway in AI and Security
    (Bloomberg) -- Cisco Systems Inc., the largest maker of computer networking equipment, gave a lukewarm revenue forecast for the coming fiscal year, adding to concern that spending on tech infrastructure is slowing.Most Read from BloombergGoldman CEO’s Most Loyal Deputy Is Tested by Mutinous PartnersFed Saw ‘Significant’ Inflation Risk That May Merit More HikesChina Shadow Bank Misses Dozens of Payments as Risks GrowStocks, Bonds Fall as Rate Hikes Left on the Table: Markets WrapMarc Becker, Apol  ( 31 min )
    Bonds are flashing a warning on mounting US debt and markets would be rattled if Treasury yields rise much more, market vet Ed Yardeni says
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    Cisco Earnings Top Estimates, Product Order Growth Accelerates
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    Energy Transfer Buys Crestwood Equity Partners in a $7.1 Billion All-Equity Deal
    Oil and gas services provider Energy Transfer LP agreed to buy Crestwood Equity Partners LP for $7.1 billion dollars, including $3.3 billion in debt.  ( 18 min )
    The S&P 500 is massively overvalued - and likely to plunge like it did last year, top economist David Rosenberg says
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    PayPal's new CEO faces these 3 big challenges
    PayPal's new CEO has a tough job ahead of him when he takes the reins from Dan Schulman on Sept. 27.  ( 33 min )
    UPDATE 1-Hawaiian Electric in talks with financial restructuring firms - WSJ
    Hawaiian Electric Industries is speaking with restructuring advisory firms to address financial and legal challenges over its potential liabilities in the wake of the Maui wildfires, the Wall Street Journal reported on Wednesday. The utility firm is in discussions over the strategies it can pursue and to determine whether it needs to hire legal and financial advisers, the report said, citing people familiar with the matter. Hawaiian Electric did not immediately respond to Reuters' request for a comment.  ( 31 min )
    Stocks sink as Fed minutes reveal more hikes still on table: Stock market news today
    Stock indexes closed lower as investors reacted to minutes from the latest Federal Reserve meeting.  ( 32 min )
    Top Dividend Stocks: Enterprise Products Partners Yields Sizzling 7.6%
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    Shipping line Zim bets big on spot market as losses mount
    Zim lost $213 million in the second quarter. Will rising trans-Pacific spot rates help it reverse course in the third? The post Shipping line Zim bets big on spot market as losses mount appeared first on FreightWaves.  ( 34 min )
    Warren Buffett and Michael Burry are ready and waiting for a stock-market crash, 'Rich Dad Poor Dad' author says
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    U.S. Steel Stock Is Surging. Another Bidder Could Appear.
    Reuters reported Wednesday that ArcelorMittal was considering a bid for United States Steel. That has U.S. Steel shares on the move.  ( 26 min )
    3 Well-Known REITs Get Surprising Downgrades To Start The Week
    Analysts downgrading stocks is an everyday occurrence and certainly nothing out of the ordinary. But it's major news when well-regarded stocks with large followings are the subjects of the downgrades. This week began with downgrades on three popular real estate investment trusts (REITs) across three different subsectors. Two of the downgrades were by the same analyst with Bank of America Securities and one was by an analyst with Argus Research. Take a look at the three REITs that could be in for  ( 34 min )
    Who wins in the takeover battle for United States Steel, no matter what happens
    Who wins in the battle for control of U.S. Steel?  ( 12 min )
    Investment Expert Jim Cramer Says "Two Things That Have Held Their Value In The Craziest Times Of Hyperinflation Are Real Mansions" And This Asset
    Jim Cramer, the well-known financial analyst and host of CNBC’s popular show “Mad Money,” is a figure with a reputation for outspoken opinions and a solid track record in the financial markets. Cramer recently delved into the art market and its potential as a solid investment option, particularly during times of inflation. In one of his episodes, Cramer highlighted Masterworks, a company that offers investors the opportunity to buy shares in individual artworks. The approach allows people to par  ( 31 min )
    Is It Time To Buy XOM Stock As Exxon Mobil Consolidates?
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    Analyst Report: Occidental Petroleum Corp.
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    Analyst Report: Rocket Companies Inc
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    Analyst Report: Firstenergy Corp.
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    Goldman Sachs Blames Zero-Day Options for Fueling S&P 500 Selloff
    (Bloomberg) -- Look closely at the contours of Tuesday’s tumble in the S&P 500 and fingerprints of a new market force come into focus.Most Read from BloombergGoldman CEO’s Most Loyal Deputy Is Tested by Mutinous PartnersChina Shadow Bank Misses Dozens of Payments as Risks GrowTech Stocks Take a Leg Down Ahead of Fed Minutes: Markets WrapChina Asks Some Funds to Avoid Net Equity Sales as Markets SinkMarc Becker, Apollo’s Impact Investing Co-Head, Dies at 51They’re options tied to S&P 500 with a m  ( 33 min )
    Market Update: FE, GSK, HD, OXY, RKT, FE, GSK, HD, OXY, RKT
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    Maker of $400 Golf Putter Tumbles After Surging 624% in Stock Debut
    (Bloomberg) -- Sacks Parente Golf Inc.’s shares tumbled as much as 83%, erasing almost all of the big first-day gains that made it the strongest US stock-market debut of 2023.Most Read from BloombergGoldman CEO’s Most Loyal Deputy Is Tested by Mutinous PartnersChina Shadow Bank Misses Dozens of Payments as Risks GrowTech Stocks Take a Leg Down Ahead of Fed Minutes: Markets WrapChina Asks Some Funds to Avoid Net Equity Sales as Markets SinkMarc Becker, Apollo’s Impact Investing Co-Head, Dies at 5  ( 31 min )
    Barrick Gold CEO Says This Is The 'Most Strategic' Metal Of Them All — And It's Not Gold
    Barrick Gold Corp. (NYSE:GOLD) is one of the largest producers of gold in the world. But CEO Mark Bristow recently emphasized the importance of another metal to keep an eye on. During an interview with CNBC, Bristow said, "My view is that copper is the most strategic metal out of all the metals." He pointed out that batteries are a major driver for copper demand, but there's more to the story. "Batteries is not a long-term solution for the future of a better planet for all," Bristow said. "What'  ( 33 min )
    VinFast Stock Is Dropping. The EV Maker’s Shares Are Too Expensive.
    Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 9 min )
    'Big Short' investor Michael Burry's new bets against the S&P 500 and Nasdaq-100 are no surprise. Here's why.
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    Sunoco majority owner will pay $7.1B to acquire Crestwood Equity Partners, which had merged with Inergy
    A leading Dallas energy player will pay big bucks for the company that merged with #Royals majority owner John Sherman's old business.  ( 10 min )
    Stocks wobble as Fed minutes reveal more hikes still on the table: Stock market news today
    Stock indexes were looking to rebound from a day that saw each lose more than 1%.  ( 32 min )
    Stocks wobble with Fed minutes on tap: Stock market news today
    Stock indexes were looking to rebound from a day that saw each lose more than 1%.  ( 32 min )
    EV startup from Vietnam with barely any sales and horror reviews, listed via SPAC: It’s now worth more than Ford and GM
    VinFast’s Nasdaq trading debut on Tuesday made Vingroup founder Pham Nhat Vuong a very wealthy man.  ( 32 min )
    Putin to force Russian companies to buy plummeting rouble – latest updates
    Britain is facing a growing risk of recession even as rampant inflation begins to ease, economists have warned.  ( 45 min )
    EV Startup VinFast’s Stock Rally Pushes Value Higher Than GM, Ford
    Shares in the Vietnamese electric car company more than tripled in its first day of trading, giving it a roughly $86 billion market value.  ( 26 min )
    A 200% EV IPO bonanza has boosted the wealth of Vietnam's wealthiest person eightfold to over $44 billion
    VinFast's stock opened at $22 apiece on Nasdaq — a surge of over 200% from the $10 per share price agreed upon with Black Spade Acquisition.  ( 31 min )
    What 7% Mortgage Rates Mean for Home Buyers
    Buyers should focus on what they can control rather than try to predict mortgage rates.  ( 26 min )
    Oppenheimer Says These 2 Beaten-Down Stocks Could Double Your Money — Here’s Why They Could Rebound
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    Palo Alto's Unusual Timing On Earnings Is Making Wall Street Nervous
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    Nvidia's earnings will be the AI hype cycle’s biggest test
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    Pipeline Company Energy Transfer to Buy Crestwood in $7.1 Billion Deal
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    Chevron upgraded, SolarEdge downgraded: Wall Street's top analyst calls
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    Palo Alto Networks Earnings, Analyst Meeting Are Late Friday. That’s Unusual.
    Investors seem convinced the security software company has chosen this inconvenient timetable because it has news to deliver shareholders might not like.  ( 26 min )
    As 3M Stock Struggles, A Bearish Option Trade Could Gain $370
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    Energy Transfer to acquire Houston-based midstream MLP Crestwood Equity Partners in $7.1B deal
    The Houston area is losing one of its largest publicly traded energy companies in a deal valued at approximately $7.1 billion.  ( 11 min )
    Dow Jones Reverses Ahead Of Fed Minutes; Tesla Stock Slides On More Price Cuts
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    Ask an Advisor: ‘How Can I Mitigate This Situation?' My Tax Bill Is Huge Because My Investment Accounts Don't Withhold Capital Gains
    My investment accounts don't withhold taxes from my capital gains, which is causing me to owe large amounts when I file my returns. How can I mitigate this situation? -David As capital gains distributions are unpredictable and usually unknown until … Continue reading → The post Ask an Advisor: ‘How Can I Mitigate This Situation?' My Tax Bill Is Huge Because My Investment Accounts Don't Withhold Capital Gains appeared first on SmartAsset Blog.  ( 34 min )
    Vietnamese electric car start-up worth more than Ford after US listing
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    Spectre of hyperinflation hangs over Putin as Russian economy crumbles
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    Retirees Don't Know Their No. 1 Retirement Risk
    Retirees don't accurately understand their risks in retirement, according to a recent analysis from the Center for Retirement Research at Boston College. The brief, authored by Wenliang Hou, finds a disconnect between how retirees rank perceived risks and their objective … Continue reading → The post Retirees Don't Know Their No. 1 Retirement Risk: Advisors Can Help appeared first on SmartAsset Blog.  ( 32 min )
    I'm Retiring Early. What Are My Healthcare Options Going to Look Like?
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    Ask an Advisor: I'm 65 Years Old and Going to Retire Soon. How Should I Structure My Portfolio?
    I'm a 65-year-old preparing for retirement within the next three to five years. I'm looking at different types of retirement funds. Would adding stocks that are dividend-structured along with gold and cryptocurrencies be a good mixture? -Earl Shifting from building … Continue reading → The post Ask an Advisor: I'm 65 Years Old and Going to Retire Soon. How Should I Structure My Portfolio? appeared first on SmartAsset Blog.  ( 33 min )
    Ask an Advisor: My Kids Inherited $5 Million. How Should They Handle It?
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    China Shadow Bank Crisis Sparks Protest by Angry Investors
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    Nvidia Stock Gets Price-Target Upgrades. 3 Reasons for Optimism.
    Analysts at Piper Sandler and Raymond James raised their target prices on Nvidia to $500 ahead of its earnings next week.  ( 26 min )
    TJX Beats Earnings Estimates and Raises Guidance. The Stock Rises.
    The retailer handily beats Wall Street's earnings expectations.  ( 26 min )
    JD.com Posts Earnings Beat. But the Stock Can’t Shake the China Gloom.
    A solid top- and bottom-line beat by the e-commerce giant isn't enough to lift the stock amid a selloff in Chinese markets.  ( 26 min )
    Energy Transfer to Acquire Crestwood Equity Partners for $7.1 Billion
    Energy Transfer said the move would benefit its natural-gas and crude-oil businesses by adding storage and terminal assets.  ( 25 min )
    Target Jumps as Big Profit Gain Overshadows Cut to Forecast
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    Six Cheap Stocks' Profit Is Poised To Boom 50% Or More
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    Coinbase gets green light to let US investors trade crypto futures
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    Ask an Advisor: Is it Wise to Convert 10% of My 401(k) into a Roth IRA Each Year to Avoid Taxes and RMDs?
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    Target Earnings Beat Expectations. The Stock Rises.
    Target beats analysts' expectations for second-quarter earnings, sending shares higher, despite the retailer lowering full-year guidance.  ( 26 min )
    5 Things to Know Before Markets Open
    Housing starts are expected to rise and Intel ends its plans to acquire Israeli chipmaker Tower Semiconductor. Here’s what investors need to know today.  ( 18 min )
    Intel calls off $5.4b Tower deal after failing to obtain regulatory approvals
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    Analyst Report: Conoco Phillips
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    Daily Spotlight: Oil Prices Stabilize as Demand Picks Up
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    Technical Assessment: Neutral in the Intermediate-Term
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    Market Digest: MMP, COP, TMO, HUBS, COP, MMP, TMO, HUBS
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    Coinbase Stock Soars as Broker Gets Approval to Tap Crypto’s Most Popular Market
    The Bitcoin futures market, in which trades are typically made with leverage or borrowed money, is the most liquid market in all of crypto.  ( 26 min )
    Daily – Vickers Top Buyers & Sellers for 08/16/2023
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    Daily – Vickers Top Insider Picks for 08/16/2023
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    The world’s biggest single investor in the stock market returned $143 billion in the first half of the year thanks to A.I. and tech
    It comes after the fund suffered one of its worst years in history in 2022.  ( 31 min )
    Target CEO on Pride Month fallout: We want our stores to be a 'happy place'
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    Target sales ebb in Q2 and it cuts outlook for the year citing inflation and a culture war dustup
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    Target slashes profit outlook on student loan repayment fears and economic malaise
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    JD.com Posts Earnings Beat. But the Stock Can’t Shake the China Gloom.
    A solid top- and bottom-line beat by the e-commerce giant isn't enough to buoy the stock amid a selloff in Chinese markets.  ( 26 min )
    Fed meeting minutes could hint at end of rate hikes
    The minutes of the Federal Reserve's policy meeting last month may indicate on Wednesday how many policymakers feel the U.S. central bank is done raising interest rates and whether possible risks to the economy from the aggressive monetary tightening have taken on more weight in their debate. The Fed raised its benchmark overnight interest rate to the 5.25%-5.50% range at the July 25-26 meeting, a step Fed Chair Jerome Powell said at his post-meeting press conference may not be the last in an aggressive round of rate increases that began in March 2022 to offset the fastest breakout of inflation since the 1980s.  ( 32 min )
    Cybersecurity Star Dims Ahead of News Dump
    Palo Alto Networks investors are betting that good things never happen late on a Friday afternoon.  ( 25 min )
    Coinbase Gets NFA Approval to Offer Crypto Futures
    Coinbase Global has earned approval from the National Futures Association to offer eligible U.S. customers crypto futures, the company said Wednesday. The largest crypto exchange in the U.S. in September 2021 [filed an application with the NFA](https://twitter.com/coinbase/status/143824759587741696  ( 22 min )
    Tencent’s Net Profit Climbs, Driven by Advertising Recovery
    Tencent Holdings’ second-quarter net profit climbed 41%, thanks to a recovery in various business lines, led by online advertising.  ( 26 min )
    These Stocks Are Moving the Most Today: Coherent, Cava, Tower Semiconductor, DLocal, VinFast, and More
    Coherent issues a weaker-than-expected forecast, Cava's second-quarter profit beats expectations, and Intel calls off its acquisition of Tower Semiconductor.  ( 27 min )
    Intel Drops $5.4 Billion Deal for Tower Semiconductor Amid China Holdup. It’s a Blow to Chip Strategy.
    The move for the Israeli company collapsed due to delays to regulatory approval. It's a setback for plans to ramp up its semiconductor-making business.  ( 26 min )
    Intel Terminates Tower Deal After Failing to Get Approvals
    (Bloomberg) -- Intel Corp. said it’s walking away from its attempt to acquire Tower Semiconductor Ltd., abandoning a $5.4 billion deal after failing to win regulatory approval in time. Most Read from BloombergHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeRussia Calls Emergency Key Rate Meeting as Ruble PlungesRussia’s Emergency Rate Hike Fails to Lift Ruble After CrashS&P 500 Drops Below Key Level in Late-Day Slide: Markets WrapThe Fed’s Interest-Rate Debat  ( 32 min )
    Cisco Earnings Are Coming. Expect Slow Growth in 2024.
    The networking-equipment company faces crosswinds in terms of demand heading into its fiscal fourth-quarter earnings report.  ( 26 min )
    Intel to Call Off $5.4 Billion Tower Deal Without Chinese Approval
    (Bloomberg) -- Intel Corp. is expected to call off its planned $5.4 billion acquisition of Tower Semiconductor Ltd. as time to win regulatory approval runs out, according to people familiar with the matter.Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeRussia’s Emergency Rate Hike Fails to Lift Ruble After CrashS&P 500 Drops Below Key Level in Late-Day Slide: Markets WrapTrump In  ( 32 min )
    Sea’s $10 Billion Wipeout Lays Hard Road Back From Tech Crash
    (Bloomberg) -- Sea Ltd.’s historic 29% tumble erased close to $10 billion from its market value, wiping out a quarter of co-founder Forrest Li’s fortune overnight while darkening the shopping and gaming leader’s prospects.Most Read from BloombergHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeRussia Calls Emergency Key Rate Meeting as Ruble PlungesS&P 500 Drops Below Key Level in Late-Day Slide: Markets WrapRussia’s Emergency Rate Hike Fails to Lift Ruble Aft  ( 33 min )
    US Treasury 10-Year at a ‘Good Entry Point,’ HSBC’s Major Says
    (Bloomberg) -- The yield on 10-year US Treasuries is at the top end of its range, providing a good entry point for investors, according to Steven Major, global head of fixed-income research at HSBC Plc.Most Read from BloombergHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeRussia Calls Emergency Key Rate Meeting as Ruble PlungesRussia’s Emergency Rate Hike Fails to Lift Ruble After CrashS&P 500 Drops Below Key Level in Late-Day Slide: Markets WrapThe Fed’s In  ( 31 min )
    British Muslims Say Banks Ruin Lives With Debanking Policies
    (Bloomberg) -- When former postman Iqeel Ahmed told staff at his local Halifax branch he couldn’t feed his family because he was locked out of his account, they asked whether he had tried the nearest food bank.Most Read from BloombergHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeRussia Calls Emergency Key Rate Meeting as Ruble PlungesRussia’s Emergency Rate Hike Fails to Lift Ruble After CrashS&P 500 Drops Below Key Level in Late-Day Slide: Markets WrapTyco  ( 37 min )
    Fed Minutes Set to Show Only a Minority Saw End of Tightening
    (Bloomberg) -- A record of the Federal Reserve’s July policy meeting due Wednesday is set to show only a minority of officials favored holding interest rates steady over the remainder of the year, according to Bloomberg Economics.Most Read from BloombergHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeRussia Calls Emergency Key Rate Meeting as Ruble PlungesS&P 500 Drops Below Key Level in Late-Day Slide: Markets WrapRussia’s Emergency Rate Hike Fails to Lift R  ( 31 min )
    U.S. Steel Takeover Talk Rattles Manufacturers
    A deal for the American steelmaker could leave fewer options for steel used in cars, food cans and other products.  ( 27 min )
    UPDATE 2-Intel to drop $5.4 bln Tower deal after China review delay -sources
    Intel Corp will walk away from its $5.4 billion deal to acquire Israeli contract chipmaker Tower Semiconductor Ltd once the companies' contract expires later on Tuesday, according to people familiar with the matter. Intel, which signed the deal to buy Tower in February 2022, did not secure approval from Chinese regulators for the acquisition as required under its contract with the Israeli firm, the sources said. Intel and Tower declined to comment.  ( 32 min )
    China Markets Approach Grim Milestones as Selloff Spirals
    (Bloomberg) -- Chinese stocks extended their recent selloff, putting a key gauge of the nation’s equities on track to erasing all the gains seen since last month’s Politburo meeting.Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeRussia’s Emergency Rate Hike Fails to Lift Ruble After CrashS&P 500 Drops Below Key Level in Late-Day Slide: Markets WrapTrump Indictment Lays Out Sweepi  ( 30 min )
    Intel to drop $5.4 billion Tower deal after China review delay -sources
    Intel Corp will walk away from its $5.4 billion deal to acquire Israeli contract chipmaker Tower Semiconductor Ltd once the companies' contract expires later on Tuesday, according to people familiar with the matter. Intel, which signed the deal to buy Tower in February 2022, did not secure approval from Chinese regulators for the acquisition as required under its contract with Tower, the sources said. It does not plan to negotiate an extension of the contract, and will instead pay Tower a $353 million break-up fee to walk away, the sources added.  ( 31 min )
    China Home Prices Drop at Faster Pace as Downturn Worsens
    (Bloomberg) -- China home prices dropped for a second month in July, a further sign of the deepening property downturn that’s weighing on the world’s second-largest economy.Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeRussia’s Emergency Rate Hike Fails to Lift Ruble After CrashS&P 500 Drops Below Key Level in Late-Day Slide: Markets WrapTrump Indictment Lays Out Sweeping Georgi  ( 31 min )
    Apollo sells Yellow term loan to Citadel
    Apollo Global Management sold a $485 million loan to Yellow Corp. and has withdrawn its proposal for bankruptcy financing. The post Apollo sells Yellow term loan to Citadel appeared first on FreightWaves.  ( 31 min )
    Hedge Fund That Sees Hard US Landing Says Selloff to Deepen
    (Bloomberg) -- The rally in equities is set to grind to a halt as investors come to grips with slowing US growth, and seasonal factors are likely to compound the selling pressure, according to Vantage Point Asset Management.Most Read from BloombergHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeRussia Calls Emergency Key Rate Meeting as Ruble PlungesRussia’s Emergency Rate Hike Fails to Lift Ruble After CrashS&P 500 Drops Below Key Level in Late-Day Slide: Ma  ( 31 min )
    Nvidia's upcoming earnings could swing the whole stock market higher as Wall Street's AI frenzy continues
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    Apollo-Led Lenders Sell Yellow Loan to Citadel
    The firm exited its loan investment after rival lenders offered better terms to finance Yellow’s liquidation.  ( 27 min )
  • Open

    Will CD Rates Go Up in 2023?
    You can currently earn a record 5.90% with the top CD, and more than two dozen other CDs pay at least 5.50%. Is this the peak, or will the best CD rates climb even higher?  ( 20 min )
    Hedge Your Bets with Inflation-Indexed Bonds
    Inflation-linked bonds, such as TIPS and I-Bonds, protect returns from the loss of purchasing power and increase portfolio diversification.  ( 24 min )
    Blockchain Operating System: Overview and Examples
    A blockchain operating system uses blockchain as the platform for running a device's operating system  ( 19 min )
    Assessed Value: Definition, How It's Calculated, and Example
    Assessed value is a value assigned to a home by an assessor and is used to determine the property tax bill. It is often a percentage of fair market value.  ( 22 min )
    Portfolio Immunization vs. Cash Flow Matching
    Understand how portfolio immunization is compared to cash flow matching when taking an asset-liability management (ALM) approach to investing portfolios.  ( 21 min )
    Top U.S. Housing Market Indicators
    A quick overview of the top economic indicators to track the housing market in the U.S.  ( 20 min )
    How to Get a Student Loan Co-signer Release
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    Housing Starts Rose in July as Building Permits Show Decline May Be Looming
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  • Open

    De omzet in de bouw ging de afgelopen maanden omhoog
    De omzet van de bouw was in de maanden april, mei en juni bijna 8 procent hoger dan een jaar eerder, meldt statistiekbureau CBS.  ( 3 min )
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    Klanten van de Bank of Ireland rekenden zich rijk door storing
    Klanten van de Bank of Ireland konden dinsdag de hele dag 'gratis' geld opnemen. Door technische problemen bij de bank konden zij meer geld pinnen dan zij op hun rekening hadden staan.  ( 3 min )
    Chinese munt daalt naar laagste niveau in negen maanden
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    H&M onderzoekt mogelijke misstanden in kledingfabrieken Myanmar
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  • Open

    Energy Transfer Buys Crestwood Equity Partners in a $7.1 Billion All-Equity Deal
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    Intel Terminates $5.4 Billion Deal To Buy Tower Semiconductor
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  • Open

    Progressive Shares Soar After Net Premiums Written in July Jumped
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    Markets Mixed at Midday on Earnings News and Ahead of Fed Minutes
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  • Open

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    (Bloomberg) -- VinFast Auto Ltd. soared in its debut as a public company, vaulting its market capitalization beyond that of General Motors Co. and Ford Motor Co., as traders flipped shares of the electric-vehicle maker.Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeTrump Indictment Lays Out Sweeping Georgia Election PlotRussia’s Emergency Rate Hike Fails to Lift Ruble After Crash  ( 32 min )
    Warren Buffett Bought 3 New Stocks — The ITB ETF Owns Them All
    Warren Buffett is widely recognized as the greatest investor of all time, so when he buys new stocks, investors tend to take notice. According to its latest 13F filing, which came out yesterday, Buffett’s Berkshire Hathaway initiated positions in just three new stocks during the second quarter — NVR (NYSE:NVR), Lennar (NYSE:LEN), and D.R. Horton, Inc. (NYSE:DHI). Interestingly, all three are homebuilders. While investors should always do their own due diligence before making any investment, taki  ( 34 min )
    Cava turns profitable, justifies high valuation with big quarter for sales
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    Cava turns profitable, justifies high valuation with a big quarter for sales
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    Vietnamese EV Maker VinFast Surges in Nasdaq Trading Debut
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    Insiders 'Agree': This REIT Is A Great Value At These Levels
    It's always a good sign for stockholders when they see one of the insiders at a company buying shares of company stock. It's well known that insiders may sell shares for dozens of personal reasons that have nothing to do with the company's performance, but generally, insiders are only buyers when they feel the stock price is undervalued and likely to rise over time. It's even more significant when multiple insiders are buying shares of company stock, as that indicates optimism among more than on  ( 33 min )
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    A retail-heavy earnings week began with caution and China painted a grim picture for the world's second-largest economy.  ( 32 min )
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    Hawaiian Electric Stock Faces Worst Two-Day Stretch on Record After Deadly Wildfires
    The selloff continues in shares of troubled utility Hawaiian Electric Industries. The stock fell another 24% on Tuesday after [Monday’s plunge](https://www.wsj.com/livecoverage/stock-market-today-dow-jones-08-14-2023/card/hawaiian-electric-industries-stock-plunges-in-wake-of-deadly-wildfires-UKImN6  ( 21 min )
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    Esmark Inc majority owner and chief executive James Bouchard said in an interview on Tuesday that his steel maker, which does not publicly report its earnings, has cash for its $7.8 billion bid for U.S. Steel Corp sitting in his bank account. Esmark unveiled its offer on Monday after Cleveland-Cliffs Inc, another steel maker, said on Sunday it had made a $7.3 billion offer for U.S. Steel, which the latter rejected. Cleveland-Cliffs said it could afford the deal because it would pay for half of it using its own stock as currency and borrow from banks to help pay for the other half.  ( 31 min )
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    Just 10% of Workers to Wait Until 70 to Take Maximum Social Security Benefits
    Despite the fact that delaying the start of your Social Security benefits until age 70 means a 32% increase in the amount you would receive, only 10% of non-retired Americans between the ages of 60 and 65 plan to wait for the larger payout, according to the 2023 Schroders U.S. Retirement Survey. Consider working with […] The post Just 10% of Workers to Wait Until 70 to Take Maximum Social Security Benefits appeared first on SmartReads by SmartAsset.  ( 32 min )
    Nvidia shares climb as analysts raise targets ahead of report
    Over $22 billion worth of Nvidia's shares were traded as of mid-day, beating out $14 billion of trades in Tesla, which is usually the Wall Street's most traded stock. Nvidia shares rose as much as 3.5% before trimming gains. Nvidia was just one of three stocks in the Philadelphia semiconductor index trading higher on Tuesday after stronger-than-expected U.S. retail sales data stoked worries that interest rates could stay higher for longer, rattling the stock market.  ( 32 min )
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    Appaloosa nearly tripled its stockholdings, buying up large positions across the tech and semiconductor industries while selling off shares of energy firms.  ( 19 min )
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    A secretive asset manager had $36 billion riding on just 5 tech stocks including Tesla and Nvidia at the end of June
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    Analyst Report: L'Oreal S.A.
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    Shale Wells Are Losing Oil Output Faster Than Expected, Study Says
    (Bloomberg) -- The steep drop in output from US shale wells is turning out to be worse than expected, forcing oil drillers to work even harder to keep production from slipping, research firm Enverus said in its latest report.Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeTrump Indictment Lays Out Sweeping Georgia Election PlotRussia’s Emergency Rate Hike Fails to Lift Ruble After  ( 31 min )
    Stock losses accelerate amid China woes, retail sales beat: Stock market news today
    A retail-heavy earnings week began with caution and China painted a grim picture for the world's second-largest economy.  ( 32 min )
    Market Update: CHD, ICE, MRO, WEC, WMB, LRLCY, ICE, MRO, WEC, WMB, CHD, LRLCY
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    Nvidia and 2 Other Tech Stocks Have More to Gain From AI Boom: Analyst
    Wall Street analysts are still underestimating how much the rise of artificial intelligence could boost revenue, according to New Street Research.  ( 35 min )
    'The Cracks Are Starting To Show': Kevin O'Leary Warns That Energy, Food Inflation Isn't Going Away Due To The Trillion Dollars In Printed Money — But He Knows How To Take Advantage
    The U.S. stock market saw robust growth in 2023, with the S&P 500 Index surging by 17%. But according to "Shark Tank" star Kevin O'Leary, it's not all sunshine and rainbows. "The S&P 500 employs 40% of America," he told Fox Business' Larry Kudlow in a recent interview. "Where the cracks are starting to show is in mainstream America where the car loans have gone from five and a half percent to nine and a half percent and continue to go up." The U.S. Federal Reserve has implemented aggressive inte  ( 33 min )
    Ask an Advisor: I Have $1.15 Million Saved and Will Collect $3,500 Per Month in Social Security. Can I Retire at 62?
    I am 57 and have $1.1 million in my 401(k) and $50,000 in a high-yield savings account. I earn $300,000 per year and put $30,000 in my 401(k) each year plus a match on the first 6%. I have a $220,000 mortgage on a home valued at $550,000. I would like to retire at 62 […] The post Ask an Advisor: I Have $1.15 Million Saved and Will Collect $3,500 Per Month in Social Security. Can I Retire at 62? appeared first on SmartReads by SmartAsset.  ( 32 min )
    Esmark CEO on why he wants to buy U.S. Steel
    Esmark Founder and CEO James P. Bouchard said it's a love of United States Steel Corp. and its place in Pittsburgh that led him to make an offer for the steel manufacturer being pressured by a $7.3 billion bid by rival Cleveland-Cliffs.  ( 13 min )
    Discover Stock Drops After CEO Roger Hochschild's Exit
    Discover Financial shares dropped more than 9% Tuesday after the Riverwoods-Ill.-based company said Roger Hochschild would step down as CEO effective immediately. Discover board member and ex-Regions Financial executive John Owen will serve as interim CEO and president, the company said after marke  ( 23 min )
    In panic mode after ruble plunges below a penny, Russia rescues Vladimir Putin from humiliating currency collapse with emergency hike
    The currency has now surrendered all of its gains from last year to plumb depths not seen since an investor panic in the early days of the war.  ( 31 min )
    BlackRock Pulls the Trigger on These 2 Dividend Stocks — Including One With 14% Dividend Yield
    As we reach the tail end of the 2Q23 earnings season, it’s time to take stock of the current market landscape and gauge the resilience of equities. To start with, the pace of inflation is falling – but remains above the 2% target. Against a background of inflationary pressures and recessionary fears, the second quarter earnings were stagnant – but while the bar was low, most firms cleared it, beating the expectations. In a recent note, BlackRock’s Global Chief Investment Strategist, Wei Li, has  ( 35 min )
    J&J’s Kenvue Spinoff Is Almost Here. What to Do Now.
    The $40 billion exchange offer for shares of Kenvue expires Friday, but brokerage firms want retail investors to make their instructions before then.  ( 27 min )
    U.S. Steel, the First $1 Billion Company, Is Nearing an End. It’s a Lesson for Tesla and Apple.
    The story of United States Steel holds some fascinating history as well as some important lessons for investors.  ( 27 min )
    Sea Limited Misses Revenue Targets; SE Stock Plunges 25%
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    Ron DeSantis tells Bob Iger to drop his lawsuit, reminding the CEO, ‘No one has made Disney more money recently than me’
    The Florida governor needs every friend he can muster to narrow Donald Trump's lead in the polls.  ( 32 min )
    Tesla Fires Another Round In EV Price War With Cheaper Model S, X, As Cathie Wood Keeps Selling
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    EUR/USD Forecast – Euro Continues to Find Buyers
    The Euro has found buyers again on the dip, continuing the overall supportive action.  ( 32 min )
    U.S. Steel Is Caught in a Bidding War. Why Its Stock Is Dropping.
    Privately held and Pittsburgh-based Esmark has announced an all-cash bid for United States Steel. Few saw that coming after an offer from Cleveland-Cliffs.  ( 26 min )
    A New EV Company Starts Trading Today. Its Stock Is Worth More Than Rivian.
    The Vietnamese EV maker VinFast is beginning life as a publicly traded company on the Nasdaq stock exchange.  ( 26 min )
    Stocks sink amid China woes, while US consumer stays healthy: Stock market news today
    A retail-heavy earnings week began with caution and China painted a grim picture for the world's second-largest economy.  ( 31 min )
    Nvidia Is an AI ‘Kingmaker.’ Don’t Sell the Stock Yet, Analyst Says.
    Chip maker Nvidia has seen shares nearly triple this year. UBS analyst Timothy Arcuri raised his target price to $540 from $475, and writes "it still seems early to get off this train."  ( 27 min )
    'Magnificent 7' Stock Meltdown Costs Investors $632 Billion
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    Here's How The 5% Buy Zone Allowed Energy Stock Investors To Make A Mint On Exxon Mobil
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    These 7 Growth Stocks Have Perfect 99 Ratings
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    U.S. Steel Has a Surprise Second Bidder. Investors Seem Confused.
    Privately held and Pittsburgh-based Esmark has announced an all-cash bid for United States Steel. Few saw that coming after an offer from Cleveland-Cliffs.  ( 26 min )
    On Running Seeks Traction As Earnings, Revenue Diverge
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    Warren Buffett Dumps $3 Billion in Activision, Buys Into Home Construction Firms
    Berkshire Hathaway bought up more than $800 million in home construction stocks last quarter while trimming positions in energy, insurance, materials, and healthcare.  ( 20 min )
    These Stocks Are Moving the Most Today: Home Depot, D.R. Horton, Nvidia, U.S. Steel, Discover, and More
    Home Depot tops report second-quarter earnings estimates, Warren Buffett's Berkshire Hathaway takes a new equity position in home builder D.R. Horton, a new bidder emerges for U.S. Steel, and Discover Financial's CEO resigns.  ( 27 min )
    Analyst Report: Rithm Capital Corporation
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    Analyst Report: Alibaba Group Holding Ltd
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    Analyst Report: Cummins Inc.
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    Internet Firm Sea Misses Sales Estimates on Slowing E-Commerce Demand
    (Bloomberg) -- Sea Ltd.’s revenue missed estimates after its e-commerce division posted slowest growth on record, reflecting fallout from economic turbulence and intensifying competition.Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeTrump Fourth Indictment Lays Out Sweeping Georgia Election PlotRussia’s Emergency Rate Hike Fails to Lift Ruble After CrashOut of Options and Money,  ( 32 min )
    Market Digest: CMI, DINO, KO, BABA, NEWR, RITM, DINO, KO, CMI, BABA, NEWR, RITM
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    EV maker VinFast's shares rise in premarket trade before Nasdaq debut
    Vietnam's electric vehicle maker VinFast could open higher on Nasdaq on Tuesday, based on limited premarket trade, as it makes its debut after a SPAC deal that the company says values it at $23 billion. The valuation, which VinFast and its blank-check partner Black Spade Acquisition calculated using rival EV maker Lucid as the benchmark, is the fourth-highest for such special purpose acquisition company (SPAC) deals, according to data from Dealogic. A few hours before its Nasdaq debut, VinFast more than doubled its value in premarket trading involving less than 4% of its shares.  ( 31 min )
    Daily – Vickers Top Buyers & Sellers for 08/15/2023
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    Daily – Vickers Top Insider Picks for 08/15/2023
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    Singapore's Sea misses Q2 revenue estimates on weak e-commerce sales
    Southeast Asian technology firm Sea Ltd missed estimates for second-quarter revenue on Tuesday, as consumers held back spending on Internet and discretionary services. U.S.-listed shares of Sea tanked 14% in trading before the bell. Revenue grew over 5% from a year earlier to $3.10 billion, compared with analysts' estimate of $3.20 billion, according to Refinitiv data.  ( 31 min )
    Home Depot earnings beat estimates, but CEO cites 'continued pressure' on consumers
    Consumers aren't as interested in home renovation as much as they once were.  ( 33 min )
    Home Depot Tops Earnings Estimates, Launches $15 Billion Stock Buyback
    The company is seen as a bellwether for big retailers, its numbers offer clues about the health of the U.S. consumer.  ( 27 min )
    E-commerce giant JD.com denies that founder Richard Liu and wife have moved to the US from China
    Chinese e-commerce giant JD.com has denied speculation that its billionaire founder Richard Liu Qiangdong and his wife Zhang Zetian had emigrated to the US, crushing the latest rumours surrounding the personal life of one of the country's most well-known entrepreneurs. The Beijing-based firm wrote on its Weibo account on Monday that gossip circulating on social media, alleging that the couple had moved to the US or spent more than US$100 million there to buy luxury homes, were fabricated. It add  ( 31 min )
    The Fed’s Interest-Rate Debate Is Shifting
    (Bloomberg) -- As Federal Reserve officials close in on the end of their tightening campaign, the debate is shifting from how high interest rates need to go to how long they should stay elevated.Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeTrump Indicted Over Attempts to Overturn Georgia’s 2020 Presidential VoteOut of Options and Money, Argentina Presses the Panic ButtonChina C  ( 32 min )
    Oil’s Push Toward $90 Lifted From Physical Markets All Over
    (Bloomberg) -- As headline oil prices edge ever closer to $90 a barrel, there’s little sign of a let up in the day-to-day demand that’s underpinned the rally.Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeTrump Indicted Over Attempts to Overturn Georgia's 2020 Presidential VoteOut of Options and Money, Argentina Presses the Panic ButtonTech Giants, Yields Tick Up in Choppy Sessio  ( 33 min )
    European Stocks Decline as China Concerns Build; UK Stocks Lag
    (Bloomberg) -- European equities were little changed amid a summer slowdown and after China’s central bank unexpectedly reduced a key interest rate.Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeTrump Indicted Over Attempts to Overturn Georgia's 2020 Presidential VoteOut of Options and Money, Argentina Presses the Panic ButtonTech Giants, Yields Tick Up in Choppy Session: Markets  ( 32 min )
    European Stocks Drop on Inflation, China Concerns: Markets Wrap
    (Bloomberg) -- The yuan slid to the weakest level since November and China’s sovereign bonds rallied after the central bank unexpectedly cut a key interest rate in an effort to boost its ailing economy.Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeOut of Options and Money, Argentina Presses the Panic ButtonTech Giants, Yields Tick Up in Choppy Session: Markets WrapTrump Indicted  ( 33 min )
    Russian central bank hikes rates by 350 bp to 12% in extraordinary meeting
    MOSCOW (Reuters) -Russia's central bank hiked its key interest rate by 350 basis points to 12% on Tuesday, an emergency rate move to try and halt the rouble's weakening past 100 to the dollar after a public call from the Kremlin for tighter monetary policy. The extraordinary rate meeting came after the rouble plummeted past the 100 threshold against the dollar on Monday, dragged down by the impact of Western sanctions on Russia's balance of trade and as military spending soars. President Vladimir Putin's economic adviser Maxim Oreshkin on Monday rebuked the central bank blaming what he called its soft monetary policy on the weakening rouble.  ( 30 min )
    Warren Buffett's Berkshire Hathaway bet on 3 homebuilders - and sold or slashed a bunch of its stocks last quarter
    Buffett's company added a trio of home-construction companies to its stock portfolio last quarter, while it cut or exited several other positions.  ( 32 min )
    Harley, Spotify, and 8 Other Dead Money Stocks That Are Poised to Come Alive
    Barron's looked at stocks in the Russell 3000 that have done little for the past five years and identified 10 stocks where improving analyst sentiment could signal better days ahead.  ( 27 min )
    China Cuts Rate by Most Since 2020 as Economic Woes Deepen
    (Bloomberg) -- China’s central bank unexpectedly reduced a key interest rate by the most since 2020 to bolster an economy that’s facing fresh risks from a worsening property slump and weak consumer spending.Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesOut of Options and Money, Argentina Presses the Panic ButtonTech Giants, Yields Tick Up in Choppy Session: Markets WrapOutsider Milei Upends Argentina’s Election With Primary WinChina Finance Giant’s Missed Paymen  ( 32 min )
    These are the top 10 holdings of the Mormon Church's $49 billion stock portfolio
    The Church of Jesus Christ of Latter-day Saints' has an investment portfolio topping $100 billion that includes $49.3 billion invested in stocks.  ( 31 min )
    Bond markets are flashing warning signs even as recession forecasts get dialed back, market vet Ed Yardeni says
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    5 real-estate investors who 'house hacked' to afford their first properties explain how the strategy works and can help anyone build wealth
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    'Big Short' investor Michael Burry reveals bets against the S&P 500 and Nasdaq-100 — and sweeping changes to his stock portfolio
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    China’s $138 Billion Shadow Bank Spirals at Terrible Time for Xi
    (Bloomberg) -- Founded in 1995 as a lumber business, Zhongzhi Enterprise Group Co. grew to become a financial conglomerate with more than 1 trillion yuan ($138 billion) under management. Now it risks becoming the latest Chinese financial giant to fail.Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesTech Giants, Yields Tick Up in Choppy Session: Markets WrapOut of Options and Money, Argentina Presses the Panic ButtonOutsider Milei Upends Argentina’s Election With P  ( 33 min )
    Hawaiian Electric’s Future in Doubt After $1 Billion Meltdown
    (Bloomberg) -- Hawaiian Electric Industries Co., which supplies roughly 95% of the state’s residents with power, traces its roots back to 1891, just a decade after King Kalakaua met Thomas Edison to see the incandescent light bulb. Now, the utility is facing what’s shaping up to be the biggest-ever test over its future. Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesTech Giants, Yields Tick Up in Choppy Session: Markets WrapOutsider Milei Upends Argentina’s Elect  ( 33 min )
    Nvidia Stock Roars Back, Leads S&P 500, As Chips, Steel Plays Rebound
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  • Open

    Cut Your Tax Bill With Permanent Life Insurance
    Learn how to lower your income and estate tax bills while building wealth through permanent life insurance.  ( 23 min )
    Personal Loan Rates & Trends, Week of Aug. 14, 2023: Rates Inch Down
    Personal loan rates dipped slightly this week to 20.59%, dropping 6 basis points since last week when the average personal loan rate sat at 20.65%.  ( 18 min )
    Binance Coin (BNB) Uses, Support, and Market Cap
    Binance Coin (BNB) is the native currency of the Binance exchange which follows the ERC 20 standard.  ( 23 min )
    S&P 500 Gains and Losses Today: Discover Shares Plunge After C-Suite Shakeup
    U.S. equities slumped, with the S&P 500 tumbling 1.16% on Tuesday, Aug. 15, 2023, amid worries about China's economy and possible Fed rate hikes.  ( 17 min )
    The Single Market: Pros and Cons of The European Entity
    The European Single Market is an entity created by a trade agreement among participating nations, including the member nations of the European Union.  ( 21 min )
    Credit Card Debt, Auto Loan Delinquencies Pose Problems for Consumer Lending
    The banking sector is weathering impacts from the spring turmoil, but higher credit card debt helped push loan balances higher as consumers borrowed to beat inflation, an FDIC report showed this week.  ( 17 min )
    Top CDs Today: Three New High-Yield Options and a Leading Rate of 5.90%
    Today's best CD rates are 5.90% from Pelican State Credit Union for 2 years, 5.75% from MapleMark Bank for 1 year, and 5.65% from Dow Credit Union for 3 months.  ( 19 min )
    Shoppers Are Turbocharging the Economy, GDP Model Shows
    The Atlanta Fed’s GDPNow tracker estimates GDP will grow at an annual rate of 5% in the third quarter after a surprising jump in retail sales.  ( 17 min )
    Wheels Up Gets a Bailout and Cedes Control to Delta Air Lines, Certares, and Knighthead
    Shares of Wheels Up skyrocketed after Delta Air Lines, Certares Management, and Knighthead Capital Management bailed out the private charter jet provider and took control of the firm.  ( 17 min )
    Vietnamese EV Maker VinFast Debuts on the Nasdaq, and Shares Soar
    Shares of Vietnam-based electric vehicle maker VinFast soared on their first day of trading on the Nasdaq after going public through a special purpose acquisition company.  ( 17 min )
    Predatory Lending Laws: What You Need to Know
    A mix of federal and state laws protects borrowers from predatory lenders. These laws range from capping interest rates to banning the practice altogether.  ( 28 min )
    How to File Bankruptcy on a Car Loan
    You can file bankruptcy on a car loan, but it’s not a good way of getting out of your car loan. You won’t be able to both expunge the loan and keep your car.  ( 23 min )
    How to Find New Cryptocurrencies for Investment
    New crypto projects emerge frequently, which makes it even more important to know how to assess the market.  ( 27 min )
    What Is the Average Business Loan Term?
    Business loans vary widely with the terms they provide borrowers. Some are shorter term, others are long term. Learn about the average business loan term.  ( 22 min )
    High Interest Rates Could Be Here For a While, Fed Official Says
    The Federal Reserve could keep its benchmark interest rate at least at its current level—the highest since 2001—through the end of the year and beyond, said Neel Kashkari, president of the Federal Reserve Bank of Minneapolis.  ( 18 min )
    Burning-Cost Ratio: What it is and How It Works
    The burning-cost ratio is an insurance industry calculation of excess losses divided by the total subject premium.  ( 18 min )
    Business Inventories Edge Lower in June as Demand Slows
    Business inventories ticked 0.1% lower in June, extending the downward trajectory they've been on since hitting highs last year as demand slows.  ( 17 min )
    Mortgage Broker: Definition, How They Work, and Responsibilities
    A mortgage broker is an intermediary who brings mortgage borrowers and mortgage lenders together but does not use its own funds to originate mortgages.  ( 24 min )
    UBS and Credit Suisse Project Global Wealth Will Rise 38% by 2027
    Last year was the first to show a decrease since 2008, largely driven by losses in the United States, Japan, China, Canada, and Australia.  ( 17 min )
    Home Builders' Confidence Tumbles on Rising Rates
    With mortgage rates nearly at 7% per Freddie Mac, builder confidence is starting to stumble.  ( 17 min )
    Pros and Cons of Investing in NFTs
    Thinking about investing in nonfungible tokens (NFTs)? Find out the pros and cons of owning tokenized assets before you make any NFT purchase decisions.  ( 22 min )
    Tepper's Appaloosa Bets Big on Tech and Semiconductor Stocks
    Appaloosa nearly tripled its stockholdings, buying up large positions across the tech and semiconductor industries while selling off shares of energy firms.  ( 18 min )
    Bask Bank Savings Account Interest Rates: August 2023
    Bask Bank offers an attractive pair of savings accounts: One is a typical high-yield savings account, but the other earns American Airlines AAdvantage miles. See if Bask Bank makes sense for your money.  ( 22 min )
    Golden Hammer
    Golden hammer refers to an excessive dependence upon a specific tool to perform many different functions.  ( 18 min )
    Closed Virtual Currency Definition
    A closed virtual currency is an unregulated digital currency used as payment only within certain virtual communities.  ( 18 min )
    Charles Schwab Savings Account Interest Rates: August 2023
    Charles Schwab savings account interest rates are higher than the national average, and it doesn’t have monthly fees or minimum deposit requirements.  ( 21 min )
    Borrowing Could Get Even More Expensive As U.S. Banks Face Possible Credit Downgrade
    A major ratings company warned it may downgrade the outlook for more than 70 U.S. banks, including some of the largest institutions, a move that could push interest rates for consumer loans higher.  ( 18 min )
    Understanding Denomination With Real World Example
    A denomination is the stated or face value of financial instruments such as currency, bonds and other fixed-income investments.  ( 18 min )
    Abbreviated New Drug Submission (ANDS) Definition
    An Abbreviated New Drug Submission (ANDS) is a written request to obtain marketing approval for a generic drug in Canada.  ( 18 min )
    Chime Savings Account Interest Rates: August 2023
    Chime’s high-yield savings account doesn’t charge a fee or require a minimum deposit. Learn more about Chime savings account interest rates and other features.  ( 22 min )
    Corrective Waves Definition
    Corrective waves are a set of price movements normally associated with the Elliott Wave Theory of technical analysis.  ( 18 min )
    Value Investment Manager Baupost Buys Stake in Amazon
    Value investment manager Baupost bought a stake in Amazon.com in the second quarter, despite Amazon's 2023 stock surge that has more than doubled its price-to-earnings ratio.  ( 17 min )
    David Einhorn's Greenlight Adds Activision Blizzard, Shuns AI Hype
    Greenlight Capital, the hedge fund of David Einhorn upped its stake in Net Power and added stakes in Onex Corp. and Activision.  ( 17 min )
    Minority IPO Defined
    A minority IPO, also known as a partial IPO, is a type of initial public offering (IPO) in which a parent company partially divests itself of one of its subsidiaries.  ( 18 min )
    Markets Fall at Midday Amid Interest Rate, Downgrade Worries
    U.S. equities dropped at midday on Tuesday, Aug. 15, 2023, amid concerns about China's economy and a surprise interest rate cut by the country’s central bank, as well as the possibility of more Fed rate hikes in the U.S.  ( 16 min )
    Getty Images Posts a Loss and Cuts Its Outlook as Hollywood Strikes Impact Revenue
    Shares of Getty Images tumbled to their lowest level since March after the company reported strikes by TV and movie actors and writers are having a negative impact on revenues.  ( 17 min )
    E*TRADE Savings Account Interest Rates: August 2023
    E*TRADE savings account interest rates can't compete with the best, but high-net-worth individuals can benefit from its higher FDIC insurance coverage.  ( 20 min )
    Shopee Owner Sea Misses Estimates and Warns of Future Losses With Plans to Raise Spending
    Shares of Sea Limited tumbled after the Singapore-based online retail and gaming site missed sales estimates and indicated it plans to increase spending on e-commerce.  ( 18 min )
    Bond Ratio Definition
    A bond ratio is a financial ratio that expresses the leverage of a bond issuer.  ( 19 min )
    Calculating (Small) Company Credit Risk
    Determining creditworthiness of smaller and medium-sized corporations isn't as easy as for larger companies, but these tips can help.  ( 20 min )
    Intermarket Spread Definition
    An intermarket spread involves purchasing long futures in one market and selling short futures of a related commodity with the same expiration.  ( 19 min )
    Double-Cycle Billing Definition
    Double-cycle billing is a now-banned practice of billing credit card customers by charging interest on the average debt accrued over the last two months, instead of just for the current month.  ( 20 min )
    SoFi Savings Account Interest Rates: August 2023
    SoFi savings account interest rates are above average and the financial services company charges no bank fees—two reasons this savings option is worth considering.  ( 21 min )
    Edmund S. Phelps Definition
    Edmund Phelps is an American professor of political economy at Columbia University and winner of the 2006 Nobel Prize in Economics.  ( 19 min )
    Esmark Offers $7.8 Billion for US Steel After $7.25 Billion Bid by Cleveland-Cliffs
    Industrial conglomerate Esmark offered to buy U.S. Steel for $7.8 billion, shortly after U.S. Steel rejected a $7.25 billion bid from Cleveland-Cliffs.  ( 17 min )
    Top Money Market Account Hits New Record Rate
    Today's top rates on a nationwide money market account are 5.25% from UFB Direct, 5.21% from Republic Bank of Chicago, and 5.05% from All America Bank and Redneck Bank.  ( 20 min )
    How Renting Out Your Spare Room Can Backfire
    Renting out a portion of your home to help pay the mortgage sounds like a great idea, but it may not work out the way you planned.  ( 22 min )
    Home Depot Sales Slide as Consumers Pull Back on Buying Big-Ticket Items
    Home Depot beat profit and sales estimates, despite lower revenue as consumers spent less on discretionary purchases, while the boost from a pandemic-era home improvement boom faded.  ( 18 min )
    Do Changes in Interest Rates Affect Consumer Spending?
    Here are some of the factors that determine how consumers change their spending and saving habits in response to changes in interest rates.  ( 20 min )
    July Retail Sales Beat Expectations
    Shoppers continued to buoy the economy in July, as retail sales came in higher than analysts expected Tuesday.  ( 17 min )
    Bill Ackman's Pershing Square Follows Hedge Fund Rush to AI, Cuts Consumer Plays
    Investment fund Pershing Square has cut its stakes in consumer stocks, adding to its Alphabet holdings for AI exposure.  ( 17 min )
    30-Year Mortgage Rates Rise to Highest Level Since Early July
    Mortgage rates climbed again, with the 30-year average rising to its highest level in more than five weeks. Rates were up for most loan types, while a few averages were flat.  ( 20 min )
    Tesla Launches Lower-Cost Model X and S in US
    Tesla shares slipped after introducing Model X and S versions in the U.S. that cost about $10,000 less and have a shorter driving range.  ( 17 min )
    Fidelity CD Rates: August 2023
    Certificates of deposit (CDs) can be a great financial tool to get a guaranteed return on your investment. Compare Fidelity CD rates and see if they are right for you.  ( 21 min )
    Banks vs. Credit Unions: Which Is Best for Taking Out a Personal Loan?
    When it comes to weighing whether a bank or a credit union would be better for getting a personal loan, the answer will largely depend on your financial circumstances and personal preferences.  ( 23 min )
    What to Do When the Government Uses the Law of Eminent Domain
    A detailed look at how federal, state, and local governments can use the law of eminent domain to seize private property that is deemed to be necessary for the public good.  ( 25 min )
    Guardian: What it Means and How it Works
    A guardian is an individual who has been given the legal responsibility to care for a child or an adult who does not have the capacity for self-care.  ( 21 min )
    Conservatorship Definition, How It Works, Types, Alternatives
    A conservatorship is when a court appoints someone to manage the financial and personal affairs of an incapacitated person or minor.  ( 23 min )
    Racketeering Definition, State vs. Federal Offenses, and Examples
    Racketeering typically refers to crimes committed through extortion or coercion. The term is typically associated with organized crime.  ( 28 min )
    Commercial Real Estate Loans Increase Despite Office Woes, Posing Bank Risks
    Despite office market woes, commercial real estate loans topped $3 trillion earlier this year, rising in every region and led by community banks.  ( 18 min )
    Warren Buffett Dumps $3 Billion in Activision, Buys Into Home Construction Firms
    Berkshire Hathaway bought up more than $800 million in home construction stocks last quarter while trimming positions in energy, insurance, materials, and healthcare.  ( 18 min )
    Dan Loeb's Third Point Ramps Up AI Bets With Amazon, Nvidia and TSMC Stake
    Hedge fund investor Dan Loeb's fund has pivoted further toward AI, slashing a big stake in defensive stocks such as Colgate to buy Amazon, Nvidia, and TSMC.  ( 17 min )
    5 Things to Know Before Markets Open
    Consumer spending is expected to tick higher for the fourth straight month, while Home Depot sales fall as consumers pull back on big-ticket items. Here’s what investors need to know today.  ( 18 min )
    Okun’s Law: Economic Growth and Unemployment
    Learn about Okun’s law, Arthur Okun’s findings on the relationship between economic growth and unemployment levels, why it is important, and how it has stood the test of time.  ( 28 min )
    4 Ways Simple Interest Is Used in Real Life
    In real-life situations, simple interest works in your favor when you're a borrower but against you when you're an investor.  ( 20 min )
    Which Factors Can Influence a Country's Balance of Trade?
    There are specific factors that affect a country's overall balance of trade and how it is used as an economic indicator.  ( 26 min )
    Seed Stock Definition
    A seed stock is any stock which represents a company that develops and produces seeds for planting crops.  ( 19 min )
    Loss Adjustment Expense (LAE): Definition, How It Works, and Types
    A loss adjustment expense (LAE) is an expense associated with investigating an insurance claim. Learn how LAE helps measure a company’s profitability.  ( 22 min )
    The Risks Of Sovereign Bonds
    Sovereign debt can play an important role in providing international diversification to individual investors.  ( 21 min )
    Boat Owners' Insurance Definition
    Boat owners' insurance is an insurance policy that provides coverage for individuals who own and operate a boat or personal watercraft.  ( 19 min )
    How to Open a Checking Account Online
    Almost all banks, both traditional and online-only, allow you to open checking accounts online. Here's how to do it, including how to navigate problems.  ( 24 min )
    7 Things You Didn’t Know About Sovereign Defaults
    Sovereign defaults, in which a nation can't pay its debts and is technically bankrupt, are actually more common than you think. Learn more about their impact.  ( 24 min )
    Moody's Corporation: What It Does and How Its Credit Ratings Work
    Moody's provides economic analysis software and rates securities based on assessed risk and the borrower's ability to make interest payments.  ( 23 min )
    How Health Care Is Moving Toward Blockchain
    Could cryptocurrency technology help to untangle the beleaguered industry?  ( 20 min )
    Affordable Market Value (AMV) Definition
    Affordable market value (AMV) is the price charged for an apartment building sold through the FDIC’s Affordable Housing Program.  ( 23 min )
  • Open

    S&P 500 Gains and Losses Today: Discover Shares Plunge After C-Suite Shakeup
    U.S. equities slumped, with the S&P 500 tumbling 1.16% on Tuesday, Aug. 15, 2023, amid worries about China's economy and possible Fed rate hikes.  ( 1 min )
    David Einhorn's Greenlight Adds Activision Blizzard, Shuns AI Hype
    Greenlight Capital, the hedge fund of David Einhorn upped its stake in Net Power and added stakes in Onex Corp. and Activision.  ( 1 min )
    Tepper's Appaloosa Bets Big on Tech and Semiconductor Stocks
    Appaloosa nearly tripled its stockholdings, buying up large positions across the tech and semiconductor industries while selling off shares of energy firms.  ( 1 min )
    Value Investment Manager Baupost Buys Stake in Amazon
    Value investment manager Baupost bought a stake in Amazon.com in the second quarter, despite Amazon's 2023 stock surge that has more than doubled its price-to-earnings ratio.  ( 1 min )
    Bill Ackman's Pershing Square Follows Hedge Fund Rush to AI, Cuts Consumer Plays
    Investment fund Pershing Square has cut its stakes in consumer stocks, adding to its Alphabet holdings for AI exposure.  ( 1 min )
    Markets Fall at Midday Amid Interest Rate, Downgrade Worries
    U.S. equities dropped at midday on Tuesday, Aug. 15, 2023, amid concerns about China's economy and a surprise interest rate cut by the country’s central bank, as well as the possibility of more Fed rate hikes in the U.S.  ( 1 min )
    5 Things to Know Before Markets Open
    Consumer spending is expected to tick higher for the fourth straight month, while Home Depot sales fall as consumers pull back on big-ticket items. Here’s what investors need to know today.  ( 1 min )
    Dan Loeb's Third Point Ramps Up AI Bets With Amazon, Nvidia and TSMC Stake
    Hedge fund investor Dan Loeb's fund has pivoted further toward AI, slashing a big stake in defensive stocks such as Colgate to buy Amazon, Nvidia, and TSMC.  ( 1 min )
    Commercial Real Estate Loans Increase Despite Office Woes, Posing Bank Risks
    Despite office market woes, commercial real estate loans topped $3 trillion earlier this year, rising in every region and led by community banks.  ( 1 min )
    S&P 500 Gains and Losses Today: Chip Stocks Help Lift the Tech Sector
    The S&P 500 rose 0.6% on Monday, Aug. 14, 2023, while the Dow and Nasdaq gained as well, as semiconductor stocks boosted the indexes.  ( 1 min )
  • Open

    Vietnamese EV Maker VinFast Debuts on the Nasdaq, and Shares Soar
    Shares of Vietnam-based electric vehicle maker VinFast soared on their first day of trading on the Nasdaq after going public through a special purpose acquisition company.  ( 1 min )
    Esmark Offers $7.8 Billion for US Steel After $7.25 Billion Bid by Cleveland-Cliffs
    Industrial conglomerate Esmark offered to buy U.S. Steel for $7.8 billion, shortly after U.S. Steel rejected a $7.25 billion bid from Cleveland-Cliffs.  ( 1 min )
    Tesla Launches Lower-Cost Model X and S in US
    Tesla shares slipped after introducing Model X and S versions in the U.S. that cost about $10,000 less and have a shorter driving range.  ( 1 min )
    Warren Buffett Dumps $3 Billion in Activision, Buys Into Home Construction Firms
    Berkshire Hathaway bought up more than $800 million in home construction stocks last quarter while trimming positions in energy, insurance, materials, and healthcare.  ( 1 min )
  • Open

    Storing bij Nederlandse Loterij verholpen: overgemaakt geld wordt teruggestort
    De storing bij de Nederlandse Loterij, waardoor overgemaakt geld niet in de digitale portemonnee van deelnemers terechtkwam, is weer verholpen. Het overgemaakte geld wordt teruggestort.  ( 3 min )
    Komt ons land in een recessie? Economen twijfelen over 'oververhitte economie'
    Diverse economen denken dat ons land in het tweede kwartaal net niet in een recessie is beland. Woensdag worden cijfers hierover bekendgemaakt en de verwachting is dat er een kleine groei is geweest.  ( 5 min )
    Storing bij Nederlandse Loterij: overgemaakt geld verschijnt niet op rekening
    Door een storing bij de Nederlandse Loterij verschijnt overgemaakt geld niet in de digitale portemonnee van klanten. Met de zogeheten wallet kunnen deelnemers meespelen met de verschillende spellen van de Nederlandse Loterij.  ( 3 min )
    VanMoof vraagt ook in Duitsland faillissement aan
    De Nederlandse fietsenfabrikant VanMoof vraagt ook in Duitsland faillissement aan. Dat blijkt uit een uitspraak van de rechtbank in Berlijn. Eerder gingen de Nederlandse activiteiten van het bedrijf al op de fles.  ( 4 min )
    YouTube verwijdert video's over schadelijke en onbewezen kankerbehandelingen
    YouTube gaat alle video's verwijderen waarin schadelijke of onbewezen kankerbehandelingen worden gepromoot. De videosite heeft dinsdag een nieuw beleid ingevoerd tegen de verspreiding van medische desinformatie.  ( 3 min )
    Reizigers boos over prijsverhoging NS: 'Trein wordt voor sommigen onbetaalbaar'
    Reizigersorganisatie Rover is niet blij met het plan van NS om de treinkaartjes duurder te maken. Volgens de belangenclub dreigt reizen met de trein voor mensen met een smalle beurs onbetaalbaar te worden.  ( 5 min )
    China is bijna Japan voorbij als grootste auto-exporteur ter wereld
    Voor het einde van het jaar zal China meer auto's exporteren dan Japan, verwachten onderzoekers van Moody's. Eerder haalden de Chinezen Duitsland en Zuid-Korea al in.  ( 3 min )
    China gaat na Duitsland ook Japan passeren als grootste auto-exporteur
    Voor het einde van het jaar zal China meer auto's exporteren dan Japan, verwachten onderzoekers van Moody's. Eerder haalden de Chinezen Duitsland en Zuid-Korea al in.  ( 3 min )
    Netflix biedt games aan voor televisie, met smartphone als joystick
    Streamingdienst Netflix gaat naast films en series ook games aanbieden. Om de spelletjes op je televisie te spelen, hoef je geen joystick aan te schaffen. Netflix-klanten kunnen hun smartphone als controller gebruiken.  ( 3 min )
    Stelling | Extra kosten maken zonnepanelen steeds minder aantrekkelijk
    Op NU.nl vind je elke dag een stelling die bij het nieuws past. Energiebedrijf Vandebron gaat klanten met zonnepanelen tot tientallen euro's per maand extra in rekening brengen. Als het aan de Tweede Kamer ligt, wordt de salderingsregeling de komende jaren ook afgebouwd. Vandaag is de stelling: "Door extra kosten wordt het steeds minder aantrekkelijk om zonnepanelen te nemen." Breng je stem uit en discussieer mee.  ( 2 min )
    Rusland probeert duikvlucht roebel te stoppen met rente-ingreep
    De roebel daalt al maanden in waarde en de centrale bank in Rusland probeert daar nu met een stevige rente-ingreep een einde aan te maken. Dat lijkt direct na het besluit ook even te werken.  ( 3 min )
    Stelling | Stelling: Extra kosten maken zonnepanelen steeds minder aantrekkelijk
    Op NU.nl vind je elke dag een stelling die bij het nieuws past. Energiebedrijf Vandebron gaat klanten met zonnepanelen tot tientallen euro's per maand extra in rekening brengen. Als het aan de Tweede Kamer ligt, wordt de salderingsregeling de komende jaren ook afgebouwd. Vandaag is de stelling: "Door extra kosten wordt het steeds minder aantrekkelijk om zonnepanelen te nemen." Breng je stem uit en discussieer mee.  ( 2 min )
    Games op Netflix binnenkort ook speelbaar op de televisie en computer
    Streamingdienst Netflix gaat naast films en series ook games aanbieden. Om de spelletjes op je televisie te spelen, hoef je geen joystick aan te schaffen. Netflix-klanten kunnen hun smartphone als controller gebruiken.  ( 3 min )
    Zonnepaneleneigenaar is bij energiebedrijf Vandebron elke maand extra geld kwijt
    Energiebedrijf Vandebron gaat klanten met zonnepanelen tientallen euro's per maand extra in rekening brengen. Ruim 70.000 klanten gaan meer meebetalen aan de kosten voor het terugleveren van stroom aan het netwerk.  ( 4 min )
    Chinezen verlagen rente om economisch herstel handje te helpen
    De Chinese economie zit in zwaar weer. De economische groei is zeer laag en er is sprake van deflatie, waarbij prijzen dalen mede doordat consumenten minder uitgeven. De Chinese centrale bank probeert met een renteverlaging voor herstel te zorgen.  ( 3 min )
    Zonnepaneleneigenaar duurder uit bij energiebedrijf Vandebron
    Energiebedrijf Vandebron gaat klanten met zonnepanelen tientallen euro's per maand extra in rekening brengen. Ruim 70.000 klanten gaan meer meebetalen aan de kosten voor het terugleveren van stroom aan het netwerk.  ( 4 min )
    Droogte leidt tot lange wachtrijen en vertraging van schepen bij Panamakanaal
    Commerciële schepen die door het Panamakanaal varen, krijgen te maken met lange wachtrijen en vertragingen als gevolg van een langdurige droogte die het Midden-Amerikaanse land teistert.  ( 3 min )

  • Open

    Diving Deep into Value Investing with Rob Arnott
    Legendary value investor and innovator Rob Arnott of Research Affiliates joins The Express to explain what value investing really means today, and why the time is right for this style of portfolio allocation.  ( 19 min )
    Online Shoplifting Definition
    Online shoplifting is a type of theft involving dishonest chargebacks and piracy targeting online or ecommerce merchants.  ( 18 min )
    Front Fee Definition and Example
    The front fee is the option premium paid by an investor upon the initial purchase of a compound option. A compound option is an option on an option.  ( 18 min )
    Top CDs Today: Leading Nationwide Rate Jumps to 5.90%
    Today's best CD rates are 5.90% from Pelican State Credit Union for two years, 5.75% from MapleMark Bank for 1 year, and 5.65% from Dow Credit Union for 3 months.  ( 20 min )
    5 Ways to Help Your Clients Experiencing Grief
    Advisors can help clients experiencing grief by following these five tips.  ( 24 min )
    Estimated Long-Term Return Definition
    Estimated long-term return is a hypothetical measure that forecasts an investor's expected return over the life of an investment.  ( 18 min )
    UBS To Pay $1.4 Billion in Subprime Loan Settlement
    Swiss banking giant UBS agreed Monday to pay roughly $1.4 billion to settle a lawsuit regarding its handling of residential mortgage-backed securities (MBS) in the years leading up to the 2008 financial crisis.  ( 18 min )
    S&P 500 Gains and Losses Today: Chip Stocks Help Lift the Tech Sector
    The S&P 500 rose 0.6% on Monday, Aug. 14, 2023, while the Dow and Nasdaq gained as well, as semiconductor stocks boosted the indexes.  ( 16 min )
    Eli Lilly Shares Reach Record High After Completing Two Acquisitions
    Eli Lilly shares hit an all-time high as the drugmaker closed two acquisitions, including one related to the hot market for weight-loss treatments.  ( 17 min )
    How to Give NFTs As a Gift
    Digital art and cryptocurrency enthusiasts may appreciate an NFT gift for the holidays.  ( 26 min )
    Leveraged Credit Is a Growing Risk for US Banks
    U.S. banks could be increasingly exposed to a deteriorating corporate credit market, which has been plagued by rising interest rates, persistently high inflation, and an uncertain economic outlook.  ( 18 min )
    Hawaiian Electric Shares Crater on Concerns About Potential Maui Fires Liability
    Shares of Hawaiian Electric Industries plunged to their lowest level in more than 13 years on concerns the power company could face liability claims related to the wildfires in Maui.  ( 17 min )
    Ford Poaches Former Apple Services Boss to Drive Customer Experience
    Former Apple executive, Peter Stern, will craft new customer experiences at Ford, as the company expands it's electric fleet and self-driving technology.  ( 17 min )
    Charles Schwab Is Still Losing TD Ameritrade Clients
    Client attrition after the fallout of the merger between Charles Schwab and TD Ameritrade is still in-line or slightly better than the company's predictions for the year, but Charles Schwab stock continues to disappoint on the charts despite earnings beats.  ( 17 min )
    What Your Life Insurance Agent Makes on You
    Life insurance agents receive a commission, which gives them an incentive to sell bigger policies and specialized financial products. Here's how to factor that in before you buy.  ( 22 min )
    What Is a Robo-Advisor?
    A robo-advisor is a type of automated financial advisor that provides algorithm-driven wealth management services with little to no human intervention. Here’s how it works.  ( 31 min )
    What Is a C Corp?
    A C corporation is a company whose owners or shareholders are taxed separately from the corporation itself, and whose profits are taxed on both a business and a personal level.  ( 25 min )
    U.S. Bank Savings Account Interest Rates: August 2023
    Check U.S. Bank’s current savings account interest rates, and see how they compare to the top accounts in the market today.  ( 20 min )
    USAA Savings Account Interest Rates: August 2023
    USAA offers a few different savings accounts, but the rates are relatively low. Compare USAA to top competitors and find the best savings account for your needs.  ( 20 min )
    6 Reasons to Donate Your Car to Charity
    It's no longer a free ride, but there are still tax benefits to doing so.  ( 19 min )
    Ripple Swell: What it Means, How it Works
    Swell is Ripple's annual conference for leaders in the cryptocurrency space.  ( 22 min )
    AMC Gets Go-Ahead for APE Stock Conversion, Shares Plunge
    AMC won court approval for converting its APE shares to common stock to end shareholder litigation and paves the way for the company to raise much-needed capital.  ( 17 min )
    Completed Operations Insurance: What it is, How it Works
    Completed operations insurance is a term for insurance that covers a contractor's liability once contracted operations cease.  ( 17 min )
    Markets Mixed at Midday Ahead of More Earnings Reports, Consumer Data
    U.S. equities were mixed at midday on Monday, Aug. 14, 2023, ahead of key earnings reports and consumer spending data.  ( 17 min )
    Consumers' Expectations for Inflation Move Closer to Fed's Target
    Consumers are the most optimistic about inflation that they've been since April 2021—which could be a good sign for the economy.  ( 17 min )
    As Their Interest May Appear (ATIMA): Meaning, Overview, FAQ
    The term "as their interests may appear" (ATIMA) is a standard line in a business insurance plan that covers other parties doing business with the insured.  ( 20 min )
    How to Get a Personal Loan Online for 2023
    Getting a personal loan may seem daunting, but as with so much else, the internet makes it easy. Learn how to get a personal loan online.  ( 23 min )
    The Times-Revenue Method: How To Value a Company Based on Revenue
    The times-revenue method determines the maximum value of a company as a multiple of its actual revenue for a set period.  ( 23 min )
    Markets Were Mixed at Midday Ahead of More Earnings Reports, Consumer Data
    U.S. equities were mixed at midday on Monday, Aug. 14, 2023, ahead of key earnings reports and consumer spending data.  ( 17 min )
    Rates Jump for Every Mortgage Type
    Rates for all mortgages not only climbed Friday, but by double digits for most loan types. The 30-year and 15-year averages each jumped up about a quarter point.  ( 20 min )
    Nikola Shares Tumble After Recall of Electric Semi-Trucks
    Shares of Nikola sank after the electric vehicle maker voluntarily recalled 209 of its Class 8 Tre semi-trucks because of potential battery fires.  ( 16 min )
    Elizabeth Warren's Economic Plan: Break and Remake
    If the system is rigged, as Warren sees it, it must be broken and remade. Here's how she plans to.  ( 27 min )
    US Steel Shares Surge After Rejecting $7.25 Billion Bid From Cleveland-Cliffs
    U.S. Steel's shares surged on Monday after it rejected an unsolicited offer worth $7.25 billion Cleveland-Cliffs, and said it was reviewing strategic options.  ( 17 min )
    PayPal Taps Intuit's Alex Chriss as New CEO
    PayPal shares rose in early trading on Monday after it tapped Intuit's Alex Chriss as its new CEO.  ( 17 min )
    Trading on the Pink Open Market
    Stocks of well-known companies trade on major exchanges but must be listed first. Unlisted companies trade on Pink Sheets or the Over-the-Counter Bulletin Board.  ( 23 min )
    Job Hunters Have Had The Upper Hand in These Three States in the Wake of the Pandemic
    It's been a job-seekers' market nationwide as the economy has recovered the pandemic, but the number of jobs openings is outstripping the available workers in some states more than others.  ( 19 min )
    Using Caution When Trading Pink Market Stocks
    Pink market stocks can increase portfolio returns by large magnitudes in a short time but come with significant risks associated with OTC markets.  ( 23 min )
    Do You Need More Than One Financial Advisor?
    Using more than one financial advisor for money management has its pros and cons.  ( 20 min )
    Do Trust Beneficiaries Pay Taxes?
    Beneficiaries of a trust typically pay taxes on distributions from the trust's income but not on the distributions of the principal.  ( 23 min )
    Taxation Rules for Bond Investors
    Find out the tax implications of three types of bonds—government bonds, municipal bonds, and corporate bonds—and what you can do as an investor.  ( 25 min )
    When To Retire and Why Age Matters
    Before you decide to retire, consider the pros and cons of quitting work at different ages to make sure you have the financial resources you'll need.  ( 26 min )
    Apple Supplier Foxconn Tops Earnings Estimates On AI Strength
    Apple supplier Foxconn, the world's biggest contract electronics maker, beat estimates for second-quarter earnings as demand for artificial intelligence infrastructure soared.  ( 18 min )
    How to Play Stocks in the OTC Pink Market
    Stocks trading on the OTC Pink Open Market include many good companies waiting to be discovered. Find out more about the OTC's three markets.  ( 24 min )
    Are Online Banks Safe?
    Online banks are considered safe for banking, especially when they have FDIC protection. Learn more about the risks and safety features of online banks.  ( 23 min )
    Pink Market: Listings for Stocks That Trade Over-the-Counter
    "Pink sheets" is an outdated term used to describe stocks that trade over-the-counter (OTC) in the U.S. rather than on a major stock exchange.  ( 26 min )
    Tesla Shares Slip After Cutting Prices in China, Raising EV Price War Worries
    Tesla shares slid after cutting prices on some models in China, raising concerns about an EV price war.  ( 18 min )
    Lending Facility: Meaning, History, Development
    A lending facility is used by central banks when lending funds to primary dealers that can conduct business with the U.S Federal Reserve.  ( 22 min )
    How Do Governments Fight Inflation?
    There are many methods used by the government to control inflation; one popular method is contractionary monetary policy.  ( 26 min )
    Social Media: Definition, Effects, and List of Top Apps
    Social media sites and apps have helped people around the world to connect and create virtual communities based on common interests.  ( 23 min )
    5 Things to Know Before Markets Open
    U.S. Steel shares jump after it rejects a takeover bid from Cleveland-Cliffs and Tesla shares fall after it cut prices on models in China. Here’s what investors need to know today.  ( 19 min )
    Care, Custody, or Control (CCC) in Insurance: Overview, Examples
    Care, custody, or control (CCC) is a liability insurance exclusion that removes indemnification for the insured when a property is in their care.  ( 19 min )
    Who Determines Interest Rates?
    Interest rates are commonly determined by a central bank and influenced by the finances of individuals, businesses, and governments. Learn more about how rates are set.  ( 22 min )
    How Does the International Monetary Fund Function?
    Learn about the responsibilities of the International Monetary Fund and its functions regarding the international monetary system's stability.  ( 21 min )
    Ground-Up Loss: What it is, How it Works
    Ground-up loss is the total amount of loss covered by an insurance policy. It is an important number to know when choosing plans.  ( 19 min )
    Class 1 Insurance Definition
    In the case of an accident, Class 1 Insurance covers the policyholder and owner of the vehicle, as well as a relative who lives with the policyholder, a pedestrian, or a bicyclist.  ( 18 min )
  • Open

    Steeds meer mensen worden fotograaf, vooral veel vrouwen
    Het aantal fotografen in Nederland is de afgelopen vijf jaar flink gegroeid. Vooral het aantal vrouwen in de fotografie nam toe.  ( 4 min )
    Ryanair betaalt 26 passagiers honderden euro's terug vanwege dronken steward
    Luchtvaartmaatschappij Ryanair moet 400 euro betalen aan passagiers die afgelopen najaar vertraging opliepen omdat een steward te veel alcohol had gedronken.  ( 3 min )
    Straks meer treinen naar het buitenland, maar je reist niet altijd meer met de NS
    Wie met de trein naar bijvoorbeeld Berlijn of Parijs wil, heeft straks meer keus. Volgens een nieuw contact tussen de overheid en het spoorbedrijf rijden er de komende jaren meer treinen op diverse internationale trajecten.  ( 4 min )
    Big Bazar sluit twintig filialen en wil huurverlaging om bedrijf gezond te houden
    Big Bazar sluit twintig winkels die verlies maken en wil voor nog twintig winkels huurverlagingen krijgen. Volgens directeur Heerke Kooistra is dat nodig om de koopjesketen "gezond te houden".  ( 4 min )
    Ryanair schrapt 88 vluchten in België vanwege stakende piloten
    Budgetvlieger Ryanair annuleert maandag en dinsdag 88 vluchten van en naar het vliegveld in de Belgische stad Charleroi vanwege een staking van piloten. Dat meldt de Belgische luchthaven, die doorgaans ook door veel Nederlanders wordt bezocht.  ( 3 min )
    Ook Rusland krijgt eigen cryptomunt: digitale roebel vanaf morgen getest
    Hoewel de roebel behoorlijk in de verdrukking zit, werkt Rusland toch aan een digitale variant van de eigen valuta. De digitale roebel wordt vanaf dinsdag voor het eerst in de praktijk getest. De daadwerkelijke invoering moet al in 2025 gebeuren.  ( 4 min )
    NFI kraakt honderden cryptotelefoons dankzij Europese samenwerking
    Het Nederlands Forensisch Instituut (NFI) heeft mede dankzij een Europees samenwerkingsproject honderden cryptotelefoons van zware criminelen kunnen kraken. Misdadigers gebruiken zulke telefoons om niet afgeluisterd te kunnen worden.  ( 3 min )
    Europeanen kochten afgelopen jaren massaal een camper
    Onder anderen Nederlanders, Duitsers en Spanjaarden kochten de afgelopen vijf jaar in groten getale een kampeerauto. Daardoor steeg het Europese camperbezit sinds 2017 met zo'n 50 procent, naar bijna 2,8 miljoen exemplaren.  ( 3 min )
    90 procent van studenten heeft basisbeurs aangevraagd voor komend studiejaar
    Van alle studenten die komend studiejaar recht hebben op een basisbeurs, heeft zo'n 90 procent de beurs inmiddels aangevraagd. Maandag staat de teller op 391.288. Begin juli waren ruim 200.000 aanvragen ingediend.  ( 3 min )
    Philips komt deels in handen van familie achter Fiat en voetbalclub Juventus
    Investeringsbedrijf Exor heeft zich voor 15 procent ingekocht bij Philips. De investeerder is in handen van de Italiaanse familie Agnelli, die ook achter onder meer het automerk Fiat en voetbalclub Juventus zit.  ( 3 min )
    Energiecrisis is nog niet voorbij: 'Als het tegenzit, kunnen prijzen hard stijgen'
    De energiecrisis is nog niet voorbij, waarschuwde een bestuurder van Essent-moederbedrijf E.ON eerder deze week. De energieprijzen zouden bij een koude winter opnieuw kunnen oplopen. Wat kunnen we verwachten?  ( 4 min )
    De energiecrisis is nog niet voorbij: moeten we ons zorgen maken?
    De energiecrisis is nog niet voorbij, waarschuwde een bestuurder van Essent-moederbedrijf E.ON eerder deze week. De energieprijzen zouden bij een koude winter opnieuw kunnen oplopen. Wat kunnen we verwachten?  ( 4 min )
  • Open

    Biden weighs in on UAW, Detroit automaker contract negotiations with suggested demands
    President Joe Biden released a statement Monday outlining what the Detroit automakers and UAW should be looking to achieve in a new contract.  ( 33 min )
    Goldman Sachs Sees ‘Idiosyncratic Upside’ in These 2 Energy Stocks — This Is What Makes Them Attractive Buys
    The end of earnings season always offers an opportunity to figure out what lies in store for the following months. With the Q2 results for companies in the energy sector now available, it’s time to look toward the key investment themes ahead in the space. That’s exactly what Goldman Sachs analysts have been doing. While the energy team remains “constructive” on Energy Service companies as a whole, moving forward, they see the “importance of idiosyncratic self-help drivers” as a key theme that wi  ( 35 min )
    Jim Cramer Thinks People Who Say AI Is Hype Are 'Only Fooling' Themselves - 3 ETFs To Take Advantage Of The AI Revolution
    2023 has been a strong year in US markets thus far with the S&P 500 (INDEX: .INX) up 17%. This has been led by tech giants like Apple Inc (NASDAQ: APPL), up 43.06% YTD, and Meta Platforms Inc, (NASDAQ: FB) up over 143% since the start of the year. But few stocks have done as well as NVIDIA Corp (NASDAQ: NVDA), up a whopping 202.4% YTD. NVIDIA’s success, and that of much of tech, has come from its involvement in artificial intelligence. The company produces “superchips” that underlie the technolo  ( 32 min )
    Buffett's Berkshire Hathaway reveals new homebuilder bets with D.R. Horton, Lennar, NVR stakes
    Warren Buffett made few changes to his stock holdings in the second quarter, but new bets on US homebuilders suggest some optimism from the Oracle of Omaha about the US housing market.  ( 33 min )
    Top CDs Today: Leading Nationwide Rate Jumps to 5.90%
    Today's best CD rates are 5.90% from Pelican State Credit Union for 2 years, 5.75% from MapleMark Bank for 1 year, and 5.65% from Dow Credit Union for 3 months.  ( 21 min )
    Berkshire Hathaway Buys Stake in D.R. Horton Stock, Cuts GM Holding
    Berkshire Hathaway also added to its investment in Capital One Financial and eliminated a position in McKesson.  ( 26 min )
    Esmark Bids for U.S. Steel, Setting Up Potential Battle for Steelmaker
    U.S. Steel previously rejected a cash-and-stock offer from rival Cleveland-Cliffs; Esmark says it will pay $35 a share in cash.  ( 28 min )
    Warren Buffett’s Berkshire Hathaway Bought These Stocks Last Quarter
    Warren Buffett’s Berkshire Hathaway bought roughly $4.6 billion of stocks in the second quarter. Here are some of the changes the company made to its stock portfolio in the three months through June, according to its latest 13F filing released after the bell Monday. New Positions: **D.R. Ho  ( 22 min )
    Eli Lilly Shares Reach Record High After Completing Two Acquisitions
    Eli Lilly shares hit an all-time high as the drugmaker closed two acquisitions, including one related to the hot market for weight-loss treatments.  ( 18 min )
    Nasdaq leads way up as Nvidia surges: Stock market news today
    Wall Street looked to shake off a rough August so far.  ( 31 min )
    Steel CEO Who Fights With Goldman Takes on US Industry Icon
    (Bloomberg) -- He once ended an earnings call with a diatribe calling out a Goldman Sachs Group Inc. analyst by name: “You can run, but you can’t hide.” Three years later, another Goldman analyst was “W-R-O-N-G wrong.” Other targets have been “blind,” “horrible” and embarrassments to their parents. Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesOut of Options and Money, Argentina Presses the Panic ButtonTech Giants, Yields Tick Up in Choppy Session: Markets WrapO  ( 34 min )
    Charles Schwab Is Still Losing TD Ameritrade Clients
    Client attrition after the fallout of the merger between Charles Schwab and TD Ameritrade is still in-line or slightly better than the company's predictions for the year, but Charles Schwab stock continues to disappoint on the charts despite earnings beats.  ( 17 min )
    Dow Jones Digs In As Tesla Tumbles On Price Cuts; Big Short Michael Burry Places These Bets
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    Esmark Offers to Buy US Steel for Cash, Trumping Cliffs
    (Bloomberg) -- Esmark Inc. has offered to buy United States Steel Corp. for $35 a share, trumping an earlier bid from Cleveland-Cliffs Inc. US Steel shares spiked on the news, rising as much as 43%.Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesOutsider Milei Upends Argentina’s Election With Primary WinBig Tech Takes the Lead in Thin Trading Session: Markets WrapChina Finance Giant’s Missed Payments Alarm Regulators, MarketsZuckerberg Says ‘Time to Move On’ From  ( 31 min )
    'Bond King' Bill Gross warns stocks are dangerously overvalued — and predicts an economic slump
    Stocks look overpriced relative to corporate profits and risk-free assets like government bonds, and higher interest rates will bite, Gross said.  ( 31 min )
    Former Disney CEO Michael Eisner Strikes Deal to Sell Bazooka Gum Business
    Former Disney CEO Michael Eisner has struck a deal to sell Bazooka Candy Brands to global buyout firm Apax Partners in a deal that values the iconic gum maker at around $700 million including debt.  ( 27 min )
    Russia will struggle to cope with a sinking rouble
    What does the currency’s collapse mean for Vladimir Putin’s ability to wage war?  ( 32 min )
    J&J Investors Need to Decide Soon if They Want Kenvue Stock
    The $40 billion exchange offer for shares of Kenvue expires Friday but brokerage firms want retail investors to make their instructions before then  ( 26 min )
    Michael Burry exits stakes in 6 banks after betting big amid regional bank crisis
    Famed investor Michael Burry exited stakes in several banks he opened during the first quarter amid a banking crisis that saw several US lenders go under in a matter of weeks.  ( 34 min )
    Burry, famous for 'Big Short,' bought bearish options against S&P, Nasdaq 100
    Michael Burry, the money manager made famous in the book and film "The Big Short," held bearish options against the broad S&P 500 and Nasdaq 100 Index at the end of the second quarter, according to securities fillings released on Monday. Burry's Scion Asset Management bought put options with a notional value of $739 million against the popular Invesco QQQ Trust ETF during the quarter, and separate put options with a notional value of $886 million against the SPDR S&P 500 ETF. Michael Lewis' nonfiction book "The Big Short" was released in 2010 and the movie version came out in 2015.  ( 31 min )
    Analyst Report: APA Corporation
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    Market Update: ALB, APA, CVS, DEO
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    Biggest Treasury ETF Sees Largest Exodus Since 2020 Meltdown
    (Bloomberg) -- Investors are bailing out of the biggest exchange-traded fund devoted to Treasuries at the fastest pace since markets were hammered during the early months of the pandemic.Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesOutsider Milei Upends Argentina’s Election With Primary WinBig Tech Back in the Driver’s Seat as Stocks Climb: Markets WrapChina Finance Giant’s Missed Payments Alarm Regulators, MarketsZuckerberg Says ‘Time to Move On’ From Musk Cag  ( 31 min )
    Russian ruble hits 16-month low as currency takes a beating from Ukraine invasion
    The Russian ruble fell to its lowest level in 16 months on Monday morning as the currency continues to take a beating from its invasion of Ukraine.  ( 32 min )
    Out of Options and Money, Argentina Finally Presses Panic Button
    (Bloomberg) -- Argentina devalued the official peso about 18%, an admission by the government that it ran out of options to defend an unsustainable exchange rate amid dwindling reserves after a heavy electoral defeat on Sunday.Most Read from BloombergRuble Plunges Past 100 Per Dollar as Infighting Goes PublicOutsider Milei Upends Argentina’s Election With Primary WinZuckerberg Says ‘Time to Move On’ From Musk Cage FightUS Steel Soars After It Rejects $7.25 Billion Cliffs BidAmerica’s Fastest Gro  ( 31 min )
    AMC CEO explains stock divide after court ruling
    AMC Entertainment CEO Adam Aron said a court decision to allow the company’s reverse 1-for-10 stock split was an "absolute imperative" in the wake of the COVID-19 pandemic.  ( 31 min )
    Biden says auto workers need 'good jobs that can support a family' in union talks with carmakers
    President Joe Biden is asking major U.S. automakers and their workers' union to reach an agreement that takes “every possible step to avoid painful plant closings” as the sector transitions to electric vehicles. The president has not yet been by the United Auto Workers as he seeks reelection, despite his broad support from organized labor going into the 2024 campaign. The UAW represents 146,000 workers at Ford, General Motors and Stellantis, which are commonly known as the big three automakers.  ( 32 min )
    Regional Banks Are Having a Blue Monday
    Stocks of smaller banks were feeling some pain on Monday. KeyCorp (ticker: KEY), an Ohio regional bank, was down 4%, making it the S&P 500's biggest loser. Truist Financial Corporation (TFC) and Fifth Third Bancorp (FITB) weren't far behind KeyCorp, losing 3.2% and 3.1%, respectively. Comerica In  ( 12 min )
    Schwab’s Stock Dips as TD Ameritrade Attrition Dents Asset Flows
    A “modest number” of advisors who custodied client money at TD Ameritrade moved their business elsewhere, according to Schwab.  ( 26 min )
    Union leader: Cleveland-Cliffs is the best strategic buyer of U.S. Steel
    The United Steelworkers (USW) international president said on Monday that the union supports North American steel producer Cleveland-Cliffs' bid to acquire rival, United States Steel Corp, adding that the company is the best strategic buyer. Cleveland-Cliffs said on Sunday that it offered to buy U.S. Steel in a cash-and-stock deal valued at $35 per share, which represented a premium of 43% to U.S. Steel's last closing price. Cliffs went public with its offer after U.S. Steel rejected the bid as being "unreasonable" and instead announced a formal review process, saying the company received multiple bids for parts or all of its business.  ( 31 min )
    PayPal Names Intuit’s Alex Chriss CEO, Replacing Schulman
    (Bloomberg) -- PayPal Holdings Inc. named Alex Chriss chief executive officer, tapping a longtime fintech executive with a focus on small businesses to lead the beleaguered payments giant.Most Read from BloombergRuble Plunges Past 100 Per Dollar as Infighting Goes PublicOutsider Milei Upends Argentina’s Election With Primary WinZuckerberg Says ‘Time to Move On’ From Musk Cage FightUS Steel Soars After It Rejects $7.25 Billion Cliffs BidAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ Ma  ( 33 min )
    'America Is Broke': Robert Kiyosaki Warns That A Crash Landing Is Coming, Says The Fed Has Been 'Smoking Fantasy Weed' — Here Are The 3 Assets He Likes For Shock Proofing
    The U.S. stock market showed impressive gains in 2023, and the latest gross domestic product (GDP) figure exceeded expectations. But according to "Rich Dad Poor Dad" author Robert Kiyosaki, the picture might not be as rosy as it appears. "Don't they know the stock market is up because Biden raised debt ceiling. America's debt is going up ... so stock market going up," he wrote in a recent tweet. "America is broke." The author's concern about America's escalating debt was echoed by Fitch Ratings.  ( 32 min )
    AMC stock crashes as court approves APE conversion
    Investors sold off AMC stock on Monday as fears intensified that a conversion with APE shares will dilute the stock's value.  ( 32 min )
    Nvidia and Micron Give the S&P 500 a Lift
    The S&P500 climbed higher Monday from big gains in a handful of high-flying tech names. In midday trading, the index moved up 0.4% to 4,480.93. Nvidia (ticker: NVDA) and Micron Technology (MU) took the lead, up 5% and 4.6%, respectively. Both stocks closed mostly in the red all of last week. Teled  ( 11 min )
    Hawaiian Electric Stock Sinks 41%. The Maui Wildfires Are Tied to the Drop.
    Wells Fargo maintains an Underweight rating on Hawaiian Electric stock, and lowers the price target to $25 from $35.  ( 26 min )
    Intuit executive Chriss to become president and CEO of PayPal
    Intuit executive Alex Chriss will become the president and CEO of digital payments company PayPal next month. Chriss will take over the CEO post from Dan Schulman, who told PayPal's board in February that he planned to retire at the end of the year. Schulman will stay on PayPal's board until its next annual shareholders meeting in May 2024.  ( 31 min )
    Nvidia Is Still a Winner. Why the Stock Is a Buy Now—and How Far It Could Rally.
    Nvidia is Morgan Stanley's top stock pick going into earnings, with a price target on the shares that implies another big rally for the chipmaker.  ( 26 min )
    Harmony Biosciences to acquire Main Line's Zynerba in up to $200M deal
    Two suburban Philadelphia pharmaceutical companies are set to tie-up in a deal valued at up to $200 million.  ( 11 min )
    IBM Plans To Replace Nearly 8,000 Jobs With AI — These Jobs Are First to Go
    IBM CEO Arvind Krishna announced a hiring pause in May, but that’s not all. Later that month, the CEO also stated the company plans to replace nearly 8,000 jobs with AI. Krishna noted that back-office functions, specifically in the human resources (HR) sector, will be the first to face these changes. In recent weeks, the company has opened up dozens of positions for AI-based roles to help develop and maintain these systems. See more on startup investing from Benzinga: Until 2016 it was illegal f  ( 32 min )
    When To Retire and Why Age Matters
    Before you decide to retire, consider the pros and cons of quitting work at different ages to make sure you have the financial resources you'll need.  ( 26 min )
    Russia Calls Emergency Key Rate Meeting as Ruble Plunges
    (Bloomberg) -- The ruble crashed through the level of 100 to the dollar for the first time since March last year, as political infighting spilled into public view at a time when Russia’s war in Ukraine drags on and international sanctions throttle the economy. Most Read from BloombergOutsider Milei Upends Argentina’s Election With Primary WinRuble Sinks to 100 Per Dollar as Sanctions Choke RussiaZuckerberg Says ‘Time to Move On’ From Musk Cage FightAmerica’s Fastest Growing City Is Embracing ‘Ye  ( 33 min )
    ‘The Golden Gridlock’: Billionaire Ken Fisher Sees a Bullish Tailwind Ahead for Stocks — Here Are 2 Names He Bets Big On
    The history books show that the 9 months beginning October of a midterm election year prove to be the most consistently profitable spell in the stock market. Given the stock market gains recorded in the 9 months since last October, that trend played out again as expected. It’s a period billionaire Ken Fisher has termed the ‘midterm miracle.’ The nice thing about that timeframe, says Fisher, is that it is usually followed by another strong period, albeit not quite as fruitful. Fisher has a term f  ( 34 min )
    Hawaiian Electric Stock Sinks 41%. Maui Wildfires Are Risk to the Shares, Says Analyst.
    Wells Fargo maintains an Underweight rating on Hawaiian Electric stock, and lowers the price target to $25 from $35.  ( 26 min )
    Clues Are Coming About Interest Rates. Jackson Hole Is Only a Week Away.
    For insight into where the Fed is headed with interest rates, this week and next should give plenty of clues---from central bank officials themselves. Minneapolis Fed President Neel Kashkari will speak at the APi Group Controllers Conference on Tuesday and the Jackson Hole Economic Symposium is the  ( 12 min )
    Is Snowflake A Buy Ahead Of July Quarter Earnings?
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    Is Verizon A Buy Amid 5G Broadband Gains, Lead-Sheathing Issue?
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    PayPal Appoints Intuit Executive as New CEO. He Needs to Stop a Stock Slump.
    Alex Chriss will succeed Dan Schulman as chief executive effective Sept. 27, the company said.  ( 27 min )
    AMC stock sinks, preferred units climb after conversion settlement
    AMC Entertainment's shares slid 35% on Monday on fears that the approval of a revised stockholder settlement will allow the company to issue more shares to raise capital, a move that will dilute the worth of each common share. The common shares dropped to $3.45, levels just before the meme stock mania of January 2021 when retail traders hyped up the stock on online forums like Reddit. The preferred stock units called "APE", which trade at a significant discount to common shares, jumped 15% to $2.05.  ( 32 min )
    AMC Entertainment to effect 10:1 reverse split on Aug. 24
    The common shares of the theatre chain operator fell 38% to $3.25 in premarket trading, while its preferred shares rose 18% to $2.09. AMC aims to increase its Class A common stock to 550 million from about 524 million, it said in a regulatory filing. The company would make a settlement payment of one Class A common stock for every 7.5 Class A shares to the entitled shareholders after the reverse stock split.  ( 31 min )
    Earn Over $145k? You May Have to Pay Taxes on Your Catch-Up Contributions
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    Houston-based SilverBow Resources to buy Chesapeake Energy's remaining Eagle Ford assets
    Chesapeake Energy is finally exiting the Eagle Ford Shale in South Texas thanks to a $700 million deal with a Houston-based company.  ( 11 min )
    Ask an Advisor: Can a Nursing Home ‘Take Our IRA?' My Wife and I Are Elderly. We Have a $100K IRA and a Trust to Protect Our Assets.
    My wife and I are elderly. I have an individual retirement account (IRA) worth about $100,000, and we have a trust set up through our children to protect our assets. If one or both of us have to go into … Continue reading → The post Ask an Advisor: Can a Nursing Home ‘Take Our IRA?' My Wife and I Are Elderly. We Have a $100K IRA and a Trust to Protect Our Assets. appeared first on SmartAsset Blog.  ( 34 min )
    How Can I Guard My Assets From Nursing Homes?
    Paying for a nursing home can seriously deplete your retirement savings. The government-funded Medicaid program can pay some or all nursing home costs, but it's restricted to people of very limited financial means. You may be able to qualify for … Continue reading → The post Does an Irrevocable Trust Protect Assets from Nursing Homes? appeared first on SmartAsset Blog.  ( 33 min )
    Dow Jones Futures Fall Ahead Of Big Retail Earnings; Cathie Wood Sells More Tesla Stock
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    X Stock Jumps As U.S. Steel Spurns Deal With Cleveland-Cliffs
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    Nikola Stock Plummets After Recalling Most of Its Trucks
    The company announced a voluntary recall of more than 200 of its battery-electric heavy-duty trucks due to the possibility of battery fires.  ( 26 min )
    Tesla Cuts China Model Y Prices With Cathie Wood Trimming Holdings As TSLA Hits Sell Signal
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    Nvidia's Hot Streak Cools
    One of this year's hottest trades is losing some steam. Nvidia shares edged lower ahead of the opening bell and are down around 15% from the highs touched in July. The stakes are high ahead of the chip maker's  ( 21 min )
    Schwab Says TD Ameritrade Deal Spurring Retail, Advisory Attrition
    (Bloomberg) -- Charles Schwab Corp. said it’s experiencing temporarily lower net flows of client money as the brokerage sees attrition of some retail and advisory clients’ assets while it integrates TD Ameritrade into its business.Most Read from BloombergOutsider Milei Upends Argentina’s Election With Primary WinAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaZuckerberg Says ‘Time to Move On’ From Musk Cage FightRuble Sinks to 100 Per Dollar as Sanctions Choke RussiaUS Steel Share  ( 31 min )
    Target set to post first quarterly revenue drop in six years as consumers cut spending
    Target is expected to post its first quarterly drop in revenue in about six years when it reports results on Wednesday, as the big-box retailer reels from a shift in consumer spending away from discretionary goods to services. In recent months, consumers have been spending more on services such as travel and entertainment, while cutting down on non-essential purchases including clothing and home goods amid high inflation. "Target is going to suffer more versus the others because they have a much larger consumer discretionary element to their business," Edward Jones analyst Brian Yarbrough said.  ( 32 min )
    Investors Load Up On 3 Stocks Beyond The 'Magnificent Seven'
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    AMC stock tumbles, preferred units jump after conversion settlement
    AMC Entertainment's shares slid 35% in premarket trading on Monday on fears that the approval of a revised stockholder settlement will allow to company to issue more shares to raise capital, a move that will dilute the worth of each common share. The common shares dropped to $3.45 in trading before the bell. The preferred stock units called "APE", which trade at a significant discount to common shares, jumped 27.5% to $2.27.  ( 32 min )
    Nikola Recalls Most of Its Trucks. The Stock Is Plummeting.
    The company announced a voluntary recall of more than 200 of its battery-electric heavy-duty trucks due to the possibility of battery fires.  ( 26 min )
    Goldman Sachs’ last CEO called David Solomon to complain about performance after he lost $50 million on its slumping stock
    The billionaire Lloyd Blankfein even reportedly offered to come back to the company.  ( 32 min )
    Analyst Report: Boston Properties, Inc.
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    Analyst Report: Phillips 66
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    Analyst Report: Metlife Inc
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    Weekly Stock List
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    Russia's currency hits the lowest level since beginning of the war in Ukraine
    The Russian ruble has reached its lowest value since the early weeks of the war in Ukraine as Western sanctions weigh on energy exports and weaken demand for the national currency. President Vladimir Putin’s economic adviser, Maksim Oreshkin, on Monday blamed the weak ruble on “loose monetary policy” in an op-ed for state news agency Tass. Oreshkin said Russia’s central bank has “all the tools necessary” to stabilize the situation and said he expected normalization shortly.  ( 31 min )
    5 Things to Know Before Markets Open
    U.S. Steel shares jump after it rejects a takeover bid from Cleveland-Cliffs and Tesla shares fall after it cut prices on models in China. Here’s what investors need to know today.  ( 18 min )
    Daily Spotlight: Spending on Home Improvement Poised to Slow
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    Market Digest: BXP, DIS, DVN, EA, VIAV, MET, OGE, PFE, PXD, PSX, APTV
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    Nikola plunges after battery fires spur recall and sales halt
    Nikola Corp. shares fell in early trading after the manufacturer announced it will recall trucks and temporarily stop sales after several battery fires.  ( 31 min )
    Tylenol Maker Kenvue’s Share Swap Opens Door for More Investors
    (Bloomberg) -- It’s a decisive week for investors looking to get involved in Johnson & Johnson’s record split-off of most of its $40 billion stake in Kenvue Inc., the maker of Tylenol and Listerine.Most Read from BloombergOutsider Milei Upends Argentina’s Election With Primary WinAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaZuckerberg Says ‘Time to Move On’ From Musk Cage FightRuble Sinks to 100 Per Dollar as Sanctions Choke RussiaUS Steel Shares Soar After It Rejects $7.25 Bil  ( 33 min )
    U.S. Steel shares jump after unsolicited bid from Cleveland-Cliffs
    Cleveland-Cliffs, the largest flat-rolled steel producer in North America, said on Sunday it offered to buy U.S. Steel in a cash-and-stock deal valued at $35 per share, which represented a premium of 43% premium to U.S. Steel's last closing price. Despite the surge, shares of U.S. Steel were trading well below the offer price at $27.92, indicating some investors believe a deal may not happen at that price.  ( 31 min )
    Mary Mack talks long banking career in Charlotte, Wells Fargo's post-scandal recovery and retirement
    The Charlotte banking veteran, who retired this year, is widely credited for leading Wells Fargo's transformation after its fake-accounts scandal. Here, she talks to CBJ about that process, her 38-year career and retirement plans.  ( 17 min )
    Bank of China starts nationwide move to reduce salary gap among employees, manager levels -sources
    Bank of China Ltd, China's fourth-largest lender by assets, has launched a countrywide exercise to reduce the salary gaps among its employees and mid- and high-level managers in response to Beijing's "common prosperity" drive, three sources with knowledge of the matter said. President Xi Jinping launched the common prosperity drive in 2021 as an effort to reduce income inequality, which could threaten long-term economic growth and even the legitimacy of Communist Party rule. The move follows pay cuts being made at investment banks such as China International Capital Corp (CICC).  ( 32 min )
    Stocks to Watch Monday: U.S. Steel, Tesla, NIO, AMC
    ↗️ U.S. Steel (X), Cleveland-Cliffs (CLF): The Pittsburgh steel manufacturer's share price leapt 29% premarket, after it [rejected an unsolicited offer](https://www.wsj.com/articles/u-s-steel-reject  ( 22 min )
    Chesapeake to complete Eagle Ford basin exit with SilverBow deal
    The company has agreed to offload about 42,000 net acres and about 540 wells of its Eagle Ford asset located in Dimmit and Webb counties, along with related property, plant and equipment. In February, the gas producer agreed to sell a portion of its Eagle Ford asset to INEOS Energy for $1.4 billion.  ( 31 min )
    Daily – Vickers Top Buyers & Sellers for 08/14/2023
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    Daily – Vickers Top Insider Picks for 08/14/2023
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    Goldman Starts Talking About Fed Cuts. What It Means for Stocks.
    U.S. Steel rejects Cleveland-Cliffs bid and explores options, retailers reporting earnings, and other news to start your day.  ( 26 min )
    Court Ruling That Could Save AMC Is Bad for the Stock but Great for APE Units
    It's all about stock dilution. A court ruling paves the way for APE units to be converted into common AMC stock, diluting the float.  ( 27 min )
    Toyota, Chrysler among nearly 270,000 vehicles recalled last week: Check car recalls here.
    Toyota Tundra and Tundra Hybrid vehicles, and Chrysler Jeep Wagoneer and Grand Wagoneer cars among 270,000 vehicles recently recalled.  ( 34 min )
    Disney's future, a hot topic among Hollywood elite
    Hollywood's favorite parlor game of the week: What will Bob Iger do next? From Culver City to New York City, the U.S. media and entertainment industry's powerbrokers are spinning scenarios about the future and the possible breakup of the industry's most powerful conglomerate. Walt Disney chief executive Iger, who returned to the company in November for a second stint, triggered the vigorous industry chatter in mid-July when he suggested during a CNBC interview that the company's television businesses, including its stations and cable channels, "may not be core to Disney."  ( 33 min )
    Tech stocks have a yield problem: Morning Brief
    The tech trade is having a painful August. You could put all the blame -- or most of it — on one thing.  ( 32 min )
    Texas Oil Executives Net $122 Million in Bankruptcy-to-Exxon Journey
    (Bloomberg) -- About three years after Texas oil producer Denbury Inc. emerged from bankruptcy, four top executives are set to collect the final installment of a $121.5 million post-reorganization pay deal that rivals some of the industry’s most generous compensation packages.Most Read from BloombergOutsider Milei Upends Argentina’s Election With Primary WinAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaZuckerberg Says ‘Time to Move On’ From Musk Cage FightGoldman Pencils In Firs  ( 34 min )
    Futures rise led by megacap growth stocks as yields edge lower
    After strong gains this year, U.S. equities have lost momentum in August, with the tech-heavy Nasdaq posting two straight weeks of declines for the first time in 2023 on Friday. Hotter-than-expected U.S. producer prices data last week fanned concerns that the Federal Reserve could keep interest rates higher for longer, driving up U.S. Treasury yields and weighing on rate-sensitive big technology and growth stocks. On Monday, as the yield on 10-year government treasuries ticked lower, shares of Microsoft, Nvidia and Meta Platforms rose between 0.2% and 0.5% in premarket trading.  ( 32 min )
    Oil Firms Face Hard Choices After a Year of Big Spending
    The industry’s wartime windfall is dwindling.  ( 21 min )
    Philips Can Recover From Its Health Crisis
    The European medical-technology supplier is starting to emerge from a torrid period marked by the recall of machines for treating sleep apnea.  ( 26 min )
    ‘Has Bitcoin Failed?’ Asks Analyst as Cryptos Continue to Languish
    Bitcoin is seeing a period of historically low volatility. The absence of movement despite catalysts is beginning to look troubling to analysts.  ( 26 min )
    iPhone Maker Foxconn Beats Expectations. Apple Stock Edges Higher.
    Foxconn’s results mirror those of Apple’s most recent numbers, which showed a drop in iPhone and iPad sales.  ( 26 min )
    U.S. Steel Stock Soars. It’s Exploring Options After Rejecting Cleveland-Cliffs Bid.
    The company, which was built by Andrew Carnegie and J.P. Morgan, might not be independent for much longer.  ( 32 min )
    These Stocks Are Moving the Most Today: U.S. Steel, Tesla, AMC, Nikola, and More
    U.S. Steel rejects an unsolicited buyout offer from rival Cleveland-Cliffs, Tesla again cuts prices in China, and AMC stock tumbles after a court approves the movie-theater chain's revised stock-conversion plan.  ( 27 min )
    IPhone Maker Hon Hai Cuts Outlook After Mobile Demand Sags
    (Bloomberg) -- Hon Hai Precision Industry Co. now expects 2023 sales to fall after previously forecasting flat revenue, sounding a warning about demand for the devices it makes for Apple Inc. and other global firms.Most Read from BloombergOutsider Milei Upends Argentina’s Election With Primary WinAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024Zuckerberg Says ‘Time to Move On’ From Musk Cage FightThe Fed Is Playing a  ( 32 min )
    European Stocks Gain as Traders Mull Rates Outlook, China Risks
    (Bloomberg) -- Trading in European stocks was muted on Monday as investors weighed signs of trouble in the Chinese property market before turning their attention to Federal Reserve policy minutes later in the week.Most Read from BloombergOutsider Milei Upends Argentina’s Election With Primary WinAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024Zuckerberg Says ‘Time to Move On’ From Musk Cage FightThe Fed Is Playing a W  ( 31 min )
    Agnellis’ Exor Buys 15% Stake in Philips for $2.8 Billion
    (Bloomberg) -- The Agnelli family’s Exor NV bought a minority stake in Dutch medical technology company Koninklijke Philips NV.Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaOutsider Milei Upends Argentina’s Election With Primary WinGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024Zuckerberg Says ‘Time to Move On’ From Musk Cage FightThe Fed Is Playing a Waiting Game to Try to Avoid a RecessionExor, a holding company, bought a 15% stake in P  ( 31 min )
    China Looks to Attract Foreign Investment as Its Economy Struggles
    (Bloomberg) -- China’s State Council released a plan to further attract foreign investment and improve the business environment, including tax and visa measures, as it seeks to bolster the flagging economy. Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024US Steel Explores Strategic Alternatives After Getting Unsolicited BidsUS Steel Starts Review as It Spurns $7.25 Billion Cliffs BidChina aims  ( 31 min )
    Kremlin blames loose monetary policy as rouble slides past 101 vs dollar
    The rouble fell past 100 per U.S. dollar on Monday just as President Vladimir Putin's economic advisor said Russia was interested in a strong rouble and said that loose monetary policy was the main reason behind the Russian currency's weakening. The rouble fell to 100.35 roubles against the U.S. dollar in early trade. "The current exchange rate has deviated significantly from fundamental levels, and its normalization is expected in the near future," Putin's economic advisor Maxim Oreshkin told TASS news agency.  ( 30 min )
    Country Garden Crisis Deepens as Yuan Bonds Halted, Shares Slide
    (Bloomberg) -- Country Garden Real Estate Group Co Ltd. said it will suspend trading in nearly a dozen onshore bonds starting Monday, two days after the Chinese real estate company’s controlling shareholder said it would report a multi-billion-dollar loss for the first half of this year.Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024US Steel Explores Strategic Alternatives After Getting Unsoli  ( 32 min )
    Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
    Asian stock markets tumbled Monday after stronger U.S. inflation revived worries the Federal Reserve might hike interest rates again. Hong Kong's main market index plunged 2.4%. Wall Street's benchmark S&P 500 index slipped 0.1% on Friday after government data showed producer price inflation accelerated in July.  ( 34 min )
    Nvidia circa 2023, Cisco circa 2000
    Plus, Treasuries as the unsafe asset  ( 5 min )
    China’s Worsening Economy Is Hurting Corporate America
    Caterpillar and DuPont are among the big companies that are lowering their expectations for a postpandemic boom.  ( 27 min )
    Marketmind: China property troubles plague Asia stocks
    It's been a nervy start to the week in Asia as concerns about China's debt-laden property sector take a toll on stocks and the yuan, which hit its lowest in a month despite a strong fix from the PBOC. Chinese blue chips lost 1.1%, on top of a 3.4% decline last week. One month of negative consumer prices is not really deflation, which is defined as a sustained fall in the price level across an economy.  ( 31 min )
    Argentina devalues peso, raises rates after shock primary vote
    BUENOS AIRES/LONDON (Reuters) -Argentina's government devalued its currency by nearly 18% on Monday while the benchmark interest rate was raised by 21 percentage points to 118%, the central bank said, as financial markets reeled the day after a shock primary election result. Congressman Javier Milei, a far-right libertarian who wants to axe the central bank and dollarize the economy, shook up the presidential elections on Sunday, winning 30% of the vote, the largest share with over 97% of ballots counted. "We think Argentine USD sovereign bonds present an attractive risk-reward profile, given their depressed valuations, positive correlation to commodity prices, and the potential political regime change," said Alejo Czerwonko, CIO for Emerging Markets Americas at UBS Global Wealth Management.  ( 32 min )
    A Crypto Mystery: Who Controls This Fast-Growing Stablecoin?
    The market cap of TrueUSD has more than doubled since March, but some investors are concerned about its opaque ownership structure.  ( 27 min )
    Tesla Cuts China Prices Again, Triggering Slump in Auto Stocks
    (Bloomberg) -- Tesla Inc. rolled out a new round of price cuts in China, sending auto stocks tumbling on concerns the move will respark a bruising price war that had showed signs of abating. Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024Outsider Milei Upends Argentina’s Election With Primary WinUS Steel Starts Review as It Spurns $7.25 Billion Cliffs BidThe Fed Is Playing a Waiting Game to Tr  ( 32 min )
    Tesla Cuts China Prices Again, Triggering Slump in Auto Stocks
    (Bloomberg) -- Tesla Inc. has cut the price of its two higher-end Model Y vehicles in China by 14,000 yuan ($1,900) in the latest salvo in a bruising price war. Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024US Steel Explores Strategic Alternatives After Getting Unsolicited BidsBond Market Sees No End to Tumult as Fed Casts a Hawkish ShadowThe electric vehicle maker cut the price of its Model  ( 31 min )
    Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
    Asian stock markets tumbled Monday after mixed U.S. economic data revived worries the Federal Reserve might hike interest rates again. Hong Kong's main market index plunged 2.3% and Shanghai, Tokyo and Sydney also fell. Wall Street's benchmark S&P 500 index slipped 0.1% on Friday after government data showed producer price inflation accelerated in July.  ( 34 min )
    China Shadow Banking Giant Alarms Investors With Missed Payments
    (Bloomberg) -- One of China’s largest private wealth managers is triggering fresh anxiety about the health of the country’s shadow banking industry after missing payments on multiple high-yield products.Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024US Steel Explores Strategic Alternatives After Getting Unsolicited BidsUS Steel Starts Review as It Spurns $7.25 Billion Cliffs BidThe Fed Is Play  ( 33 min )
    Hedge Funds Turned Long Aussie Dollar at Just the Wrong Time
    (Bloomberg) -- Hedge funds turned the most bullish on the Australian dollar than they’ve been at any point this year, just before concerns over a slowing Chinese economy pummeled the currency.Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024US Steel Explores Strategic Alternatives After Getting Unsolicited BidsUS Steel Starts Review as It Spurns $7.25 Billion Cliffs BidLeveraged funds’ Aussie po  ( 31 min )
    Superconductor Stocks’ Wild Swings Are Getting Risky
    (Bloomberg) -- Recent excitement around all things superconductor has sent shares of companies deemed related to the technology on a rollercoaster ride. If history is any guide, this is a stock wager fraught with danger.Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024US Steel Explores Strategic Alternatives After Getting Unsolicited BidsUS Steel Starts Review as It Spurns $7.25 Billion Cliffs B  ( 32 min )
    China Stocks Close to Erasing Politburo Gains Amid Economic Woes
    (Bloomberg) -- China’s benchmark stock index is set to erase all of the gains it made since a key political meeting was held in late July as the economy struggles to gain momentum and optimism over stimulus wanes. Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024US Steel Explores Strategic Alternatives After Getting Unsolicited BidsBond Market Sees No End to Tumult as Fed Casts a Hawkish ShadowT  ( 30 min )
    US bank Citi completes sale of Taiwan consumer unit to Singapore's DBS
    U.S. bank Citigroup has completed the sale and migration of its Taiwan consumer businesses to Singapore's DBS Group, it said on Monday. The now transferred retail business includes retail banking, credit card, mortgage and unsecured lending businesses, as well as the transfer of close to 3,000 employees. Citi's institutional business in Taiwan was excluded from the sale.  ( 31 min )
    iPhone maker Foxconn’s cautious pivot to India shows limits of ‘China plus one’
    Apple supplier still relies on Chinese plants for 75% of global operations  ( 5 min )
    Yen drifts after breaching 2023 low, dollar gains
    The yen was volatile on Monday after slipping to its lowest for the year against the dollar, breaching the key 145 level as traders warily looked for clues on possible intervention, while the dollar rose to touch a more than one month high. Japan's low yields have made the currency an easy target for short-sellers and funding trades, with the widening gap in the interest rates between Japan and the United States leading to persistent weakness in the yen. The yen has fallen around 20% since the Federal Reserve began rapidly raising rates to combat soaring inflation in March 2022, while the Bank of Japan remains stuck in an extremely accommodating stance.  ( 32 min )
    Country Garden shares slump to record low after onshore bond trading halted
    HONG KONG (Reuters) -Shares of China's Country Garden plunged more than 12% on Monday morning after the real estate company suspended trading in 11 of its onshore bonds from Monday. Markets are jittery as more developers default on bond payments amid no signs of stronger support measures from Beijing. Country Garden last week missed payments of two dollar bond coupons due on Aug. 6 totalling $22.5 million, confirming market fears that the developer was slipping into repayment troubles.  ( 31 min )
    Shiba Inu surges; DeGods Season 3 unveiled; risk sentiment improves for US stocks
    Bitcoin dipped slightly, having hovered around the $29,380 level throughout the weekend. Ether and most other top 10 crypto were little changed.  ( 33 min )
    US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
    United States Steel Corp. said Sunday that it rejected a $7.3 billion buyout proposal from rival Cleveland Cliffs and was reviewing “strategic alternatives” after receiving several unsolicited offers. Pittsburgh-based U.S. Steel said it rejected the offer because Cleveland-Cliffs was pushing it to accept the terms without being allowed to conduct proper due diligence.  ( 32 min )
    Why Cleveland-Cliffs made its $7B+ bid for U.S. Steel
    Here's why Cleveland-Cliffs wanted to buy US Steel.  ( 15 min )
    Oil falls as firm dollar, China economy counter 7-week rally
    Oil prices eased on Monday after seven straight weeks of gains supported by tightening supply on OPEC+ output cuts, as concerns about China's faltering economic recovery and a stronger dollar weighed. Brent crude futures fell 29 cents, or 0.3%, to $86.52 a barrel by 0033 GMT while U.S. West Texas Intermediate crude was at $82.95 a barrel, down 24 cents, or 0.3%. Prices slipped as the U.S. dollar index extended gains on Monday after a slightly bigger increase in U.S. producer prices in July lifted Treasury yields despite expectations that the Federal Reserve is at the end of hiking interest rates.  ( 31 min )
    Asian Equities Decline; Yen Breaches Key Level: Markets Wrap
    (Bloomberg) -- Asian equities were set to fall on Monday after shares on Wall Street capped off a poor week on a down note and as China’s worsening property slump damps market sentiment.Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024US Steel Explores Strategic Alternatives After Getting Unsolicited BidsBond Market Sees No End to Tumult as Fed Casts a Hawkish ShadowFutures for stocks in Austral  ( 33 min )
    Asia suffers China blues; dollar hits 2023 top on yen
    Asian shares struggled on Monday ahead of China data that is likely to amplify the case for serious stimulus even as Beijing seems deaf to the calls, while rising Treasury yields pressured sky-high valuations on tech stocks and underpinned the dollar. MSCI's broadest index of Asia-Pacific shares outside Japan eased another 0.2%, after shedding 2% last week. Japan's Nikkei was off 0.1%, though exporters have drawn support from the weak yen.  ( 32 min )
    Is AMC Stock A Buy Or Sell Now? Here's What Fundamentals, Chart Action, Fund Ownership Metrics Say
    No content preview
    China Hedge Funds in Crisis After Losses, US Investor Retreat
    (Bloomberg) -- Foreign investors are losing interest in China, and hedge funds that target the world’s second-biggest economy are paying the price.Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024US Steel Explores Strategic Alternatives After Getting Unsolicited BidsBond Market Sees No End to Tumult as Fed Casts a Hawkish ShadowThe number of active China-focused hedge funds has slipped for the f  ( 33 min )
  • Open

    Eli Lilly Shares Reach Record High After Completing Two Acquisitions
    Eli Lilly shares hit an all-time high as the drugmaker closed two acquisitions, including one related to the hot market for weight-loss treatments.  ( 1 min )
    Hawaiian Electric Shares Crater on Concerns About Potential Maui Fires Liability
    Shares of Hawaiian Electric Industries plunged to their lowest level in more than 13 years on concerns the power company could face liability claims related to the wildfires in Maui.  ( 1 min )
    UBS To Pay $1.4 Billion in Subprime Loan Settlement
    Swiss banking giant UBS agreed Monday to pay roughly $1.4 billion to settle a lawsuit regarding its handling of residential mortgage-backed securities (MBS) in the years leading up to the 2008 financial crisis.  ( 1 min )
    Ford Poaches Former Apple Services Boss to Drive Customer Experience
    Former Apple executive, Peter Stern, will craft new customer experiences at Ford, as the company expands it's electric fleet and self-driving technology.  ( 1 min )
    AMC Gets Go-Ahead for APE Stock Conversion, Shares Plunge
    AMC won court approval for converting its APE shares to common stock to end shareholder litigation and paves the way for the company to raise much-needed capital.  ( 1 min )
    US Steel Shares Surge After Rejecting $7.25 Billion Bid From Cleveland-Cliffs
    U.S. Steel's shares surged on Monday after it rejected an unsolicited offer worth $7.25 billion Cleveland-Cliffs, and said it was reviewing strategic options.  ( 1 min )
    PayPal Taps Intuit's Alex Chriss as New CEO
    PayPal shares rose in early trading on Monday after it tapped Intuit's Alex Chriss as its new CEO.  ( 1 min )
    Nikola Shares Tumble After Recall of Electric Semi-Trucks
    Shares of Nikola sank after the electric vehicle maker voluntarily recalled 209 of its Class 8 Tre semi-trucks because of potential battery fires.  ( 1 min )
    Tesla Shares Slip After Cutting Prices in China, Raising EV Price War Worries
    Tesla shares slid after cutting prices on some models in China, raising concerns about an EV price war.  ( 1 min )
  • Open

    Leveraged Credit Is a Growing Risk for US Banks
    U.S. banks could be increasingly exposed to a deteriorating corporate credit market, which has been plagued by rising interest rates, persistently high inflation, and an uncertain economic outlook.  ( 1 min )
    Markets Mixed at Midday Ahead of More Earnings Reports, Consumer Data
    U.S. equities were mixed at midday on Monday, Aug. 14, 2023, ahead of key earnings reports and consumer spending data.  ( 1 min )
    Markets Were Mixed at Midday Ahead of More Earnings Reports, Consumer Data
    U.S. equities were mixed at midday on Monday, Aug. 14, 2023, ahead of key earnings reports and consumer spending data.  ( 1 min )
    5 Things to Know Before Markets Open
    U.S. Steel shares jump after it rejects a takeover bid from Cleveland-Cliffs and Tesla shares fall after it cut prices on models in China. Here’s what investors need to know today.  ( 1 min )

  • Open

    Gas Market Ructions Fuel Concerns About Energy Bills This Winter
    (Bloomberg) -- Gas is back as a risk to the global economy with potential strikes in major producer Australia threatening to shatter the fragile balance of global supplies -- and send consumer bills rising once more.Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024US Steel Explores Strategic Alternatives After Getting Unsolicited BidsBond Market Sees No End to Tumult as Fed Casts a Hawkish Shado  ( 33 min )
    Oil Edges Lower After Seven-Week Rally Driven by Tighter Market
    (Bloomberg) -- Oil edged lower after capping seven weeks of gains — the longest rally since mid-2022 — driven by signs of a tightening market.Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024US Steel Explores Strategic Alternatives After Getting Unsolicited BidsBond Market Sees No End to Tumult as Fed Casts a Hawkish ShadowWest Texas Intermediate fell below $83 a barrel following the 20% surge i  ( 31 min )
    First Mover Asia: Bitcoin Steady Below $30K as SBF Goes Back to Jail
    PLUS: The tragicomedy of Sam Bankman-Fried continued on Friday with the revocation of his bail. Even before the decision, CoinDesk columnist David Morris explained why the decision was predictable.  ( 33 min )
    Cleveland-Cliffs says its buyout offer rebuffed by U.S. Steel
    Cleveland-Cliffs disclosed Sunday afternoon that it had made an offer for United States Steel Corp. that was rejected by the Pittsburgh-based company's board. Cleveland-Cliffs said it was still willing to engage in talks to reach a merger agreement.  ( 11 min )
    US Steel rejects $7.3bn acquisition bid from rival Cleveland-Cliffs
    Move came after company said it had hired financial advisers to evaluate offers  ( 5 min )
    Marketmind: Will China pull the stimulus trigger?
    Asian markets will get key economic signals this week that could determine monetary policy in the continent's two biggest economies - retail sales and industrial production and house prices from China, and Japanese GDP and inflation. Markets also will watch for interest rate decisions from New Zealand and the Philippines, inflation figures from India and major corporate earnings reports from China, including Tencent, Lenovo CNOOC and JD.com.  ( 32 min )
    Plug Power will borrow up to $1.5 billion to fund hydrogen plant construction
    Plug Power will borrow up to $1.5 billion over the next 18 months as the Latham manufacturer focuses on expanding its network of hydrogen generation plants.  ( 10 min )
    ‘Pullback Will Be Short-Lived’: Daniel Ives Says Buy These 2 AI-Driven Tech Stocks — Including One With 260% Upside
    Boosted by the AI craze, it’s been a vintage year for tech stocks, but the summer season is proving to be a bit shakier so far. Since mid-July, the trend has been down, with the tech-heavy NASDAQ shedding ~5%. This naturally raises the question: should we be ringing the alarm bells due to this shift? Not at all, says Wedbush’s Daniel Ives, a 5-star analyst rated in the top 2% of the Street’s stock pros. Ives believes that the new bull market is simply taking a breather, and he asserts that the p  ( 34 min )
    U.S. Steel Looking at Options After Bid by Cleveland-Cliffs
    The steel company built by Andrew Carnegie and J.P. Morgan might not be independent for much longer.  ( 26 min )
    US Steel Pursues Options as It Rejects Cleveland-Cliffs Bid
    (Bloomberg) -- Cleveland-Cliffs Inc. said it made a bid to purchase United States Steel Corp. in a cash and stock deal as it looks to create one of the world’s largest steelmakers.Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaBond Market Sees No End to Tumult as Fed Casts a Hawkish ShadowUS Steel Explores Strategic Alternatives After Getting Unsolicited BidsDavid Solomon Scrutiny Spreads From Goldman to Alma MaterHackers Trick AI With ‘Bad Math’ to Expose  ( 31 min )
    The US is facing a debt storm. Here's 5 charts that show trouble is brewing.
    Hedge fund legend Ray Dalio and economist Nouriel Roubini are among commentators who have warned of a full-blown debt crisis headed for the US.  ( 33 min )
    Cruise and Waymo score a win and a surprising deal between electric aircraft rivals
    All eyes were on San Francisco this week as critics and supporters of deploying self-driving cars on public roads awaited a vote from the California Public Utilities Commission. Tl;dr: it was a win for the autonomous vehicle industry. If you haven't been following, the CPUC approved the last remaining permits to Cruise and Waymo, giving the two companies the green light to offer commercial robotaxi services across San Francisco 24 hours a day, seven days a week.  ( 34 min )
    Goldman Pencils In First Fed Rate Cut for Second Quarter of 2024
    (Bloomberg) -- Goldman Sachs Group Inc. economists anticipate the Federal Reserve will start lowering interest rates by the end of next June, with a gradual, quarterly pace of reductions from that point.Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaBond Market Sees No End to Tumult as Fed Casts a Hawkish ShadowDavid Solomon Scrutiny Spreads From Goldman to Alma MaterHackers Trick AI With ‘Bad Math’ to Expose Flaws and BiasesLook to the Options Market for  ( 31 min )
    Home Depot, Target, Cisco, Deere, Walmart, and More Stocks to Watch This Week
    We'll see earnings from Walmart, Ross Stores, Applied Materials, Cardinal Health, and others. Economic data for the week will include Fed minutes, retail sales, and housing figures.  ( 27 min )
    UPDATE 1-US Steel to explore strategic alternatives after unsolicited bids
    United States Steel said on Sunday it is initiating a formal review to evaluate strategic alternatives for the steel producer after receiving multiple unsolicited bids for part or all of its business. The review was begun after the steel producer received "multiple unsolicited proposals that ranged from the acquisition of certain production assets to consideration for the whole company," CEO David Burritt said in a statement, without disclosing details about the strategic alternatives. Barclays Capital and Goldman Sachs are serving as financial advisors to U.S. Steel, while Milbank LLP and Wachtell, Lipton, Rosen & Katz are acting as legal advisors, the steel producer said.  ( 31 min )
    Young adults are more reliant on credit cards than ever before
    About 53% of millennials and 41% of Gen Z respondents said they were more reliant on credit cards than ever before this summer.  ( 33 min )
    U.S. Steel Explores Strategic Alternatives After Getting Unsolicited Bids
    (Bloomberg) -- United States Steel Corp. says it is initiating a formal review of strategic alternatives after it received “multiple unsolicited” proposals.Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaDavid Solomon Scrutiny Spreads From Goldman to Alma MaterBond Market Sees No End to Tumult as Fed Casts a Hawkish ShadowHackers Trick AI With ‘Bad Math’ to Expose Flaws and BiasesLook to the Options Market for Signs of Stock Market TroubleThe proposals rang  ( 31 min )
    Big Box earnings, retail sales, Fed minutes: What to know this week
    A July retail sales report and corporate results from some of America's largest retailers will provide key insights into the strength of the US consumer during the back to school shopping season.  ( 35 min )
    US Steel to explore strategic alternatives after unsolicited bids
    The decision follows the company "receiving multiple unsolicited proposals that ranged from the acquisition of certain production assets to consideration for the whole company," CEO David Burritt said, without disclosing more details on the strategic alternatives. U.S. Steel, which has been raising prices to offset the impact from higher costs related to raw materials and energy, has seen strong demand for its steel products helping the company beat profit estimates for the second quarter.  ( 31 min )
    Housing market outlook: Where to expect mortgage rates in 2024, according to 8 leading research firms
    On Friday, the average 30-year fixed mortgage rate jumped to 7.19%. But where will it go next?  ( 32 min )
    Saudi Arabia Plans to Issue $9.6 Billion in Sukuk After Buyback
    (Bloomberg) -- Saudi Arabia has completed an early purchase of more than 35.7 billion riyals ($9.5 billion) of outstanding debt and will issue about 35.9 billion riyals in sukuk as the kingdom plans to bolster its domestic market.Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaDavid Solomon Scrutiny Spreads From Goldman to Alma MaterBond Market Sees No End to Tumult as Fed Casts a Hawkish ShadowLook to the Options Market for Signs of Stock Market TroubleHac  ( 30 min )
    More Bitcoin ETF Decisions Are Already Looming After SEC Declines to Rule
    (Bloomberg) -- Bitcoin ETF candidates got another dose of disappointment when US regulators on Friday punted on making a decision on such a product. But the next time they hear from them might be just a few weeks away. Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaDavid Solomon Scrutiny Spreads From Goldman to Alma MaterLook to the Options Market for Signs of Stock Market TroubleBond Market Sees No End to Tumult as Fed Casts a Hawkish ShadowHackers Trick  ( 32 min )
    I Moved From Ohio to New York City. Was That Financially Crazy?
    Yes, it was a dumb move if you think short term. But long term, it still seems like a good bet.  ( 26 min )
    Ask an Advisor: We're 65, Have $1 Million Saved and $42K in Social Security Benefits. Can We Live on $90K Per Year?
    No content preview
    Buy the Dip in These 2 Beaten-Down Stocks, Say Analysts
    Everyone likes a bargain and the same is true in the stock market. But while picking up items on sale in a store is a simple task, picking up shares on the cheap is a more complex endeavor. Because a cheap stock often means that it has been through the wringer, and the immediate question that comes to mind is, why have the shares taken a beating? A beaten-down stock could be down for a whole host of reasons, from weak fundamentals to broader macro concerns to unreasonable behavior by investors.  ( 35 min )
    The Series I Bond Frenzy is Dying. Should I Cash Out Now?
    Inflation has begun to cool, and that may translate to some assets. The Treasury's Series I Bonds, or " I bonds," are no longer the prized savings tool they were 12 months ago. As cost increases slowed over the past year as Federal Reserve raised interest rates, it was inevitable that this inflation-tied asset would […] The post The Series I Bond Frenzy is Dying Down. Is Now the Time to Cash Out? appeared first on SmartReads by SmartAsset.  ( 32 min )
    All boomers need to feel ‘wealthy’ is financial security. The bar is way higher for Gen Z
    Building wealth is one thing. Feeling comfortable is another entirely.  ( 32 min )
    Will Terminating an Irrevocable Trust Affect My Taxes?
    An irrevocable trust is a legal entity that cannot be altered, amended or revoked after its creation. Irrevocable trusts are typically established to protect assets from creditors, benefit the beneficiaries and minimize estate taxes. But there are circumstances that warrant the termination of an irrevocable trust like when its purpose is fulfilled or its assets […] The post Tax Consequences of Terminating an Irrevocable Trust appeared first on SmartReads by SmartAsset.  ( 33 min )
    Stock Rally Stalls Despite Better-Than-Expected Earnings Season
    With the second-quarter earnings season coming to a close, companies have exceeded analysts’ estimates at a greater rate than usual. Yet investors aren’t rewarding positive surprises.  ( 25 min )
    Why cooling inflation may be good news for tech stocks
    The relationship between interest rates and inflation has some significant implications for tech companies' valuations.  ( 33 min )
    Emerging Bonds Disrupt Playbook by Rallying as Treasuries Swoon
    (Bloomberg) -- The old playbook of selling emerging-market bonds when Treasury yields spike is being upended by the positive dynamics favoring developing-nation debt. Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaDavid Solomon Scrutiny Spreads From Goldman to Alma MaterLook to the Options Market for Signs of Stock Market TroubleHackers Trick AI With ‘Bad Math’ to Expose Flaws and BiasesBond Market Sees No End to Tumult as Fed Casts a Hawkish ShadowEmergin  ( 32 min )
    Largest U.S. Pension Bought Up Roblox Stock Before It Tanked
    Calpers scooped up volatile stocks including game firm Roblox, EV maker Lucid, and PC manufacturer HP in the second quarter. It cut back on Intel.  ( 26 min )
    5 Lesser Known Parent Companies Of Big Luxury Brands
    Tapestry, Inc. (TPR) the parent company of brands such as Coach and Kate Spade, has acquired Capri Holdings Limited (CPRI), home to brands Versace, Jimmy Choo, and Michael Kors, in a deal worth about $8.5 billion. Here are some of the lesser known parent brands of the world's biggest luxury brands.  ( 19 min )
    Home Depot, Target and Walmart earnings; retail sales, oil inventories in week ahead
    Retailers Home Depot, Target and Walmart will headline the companies slated to report quarterly results this week. Mortgage applications data will also be released.  ( 32 min )
    Earnings Follow Superstar Stocks like NVIDIA and Super Micro
    Most investors know that stocks follow earnings. That’s a fact.  ( 32 min )
    Restaurants and Supermarkets Are Brawling Over Your Dollar
    Kroger, Giant Eagle and other grocers expand their prepared meals. Meanwhile, Chipotle, Taco Bell and other restaurants aim to defend their turf.  ( 28 min )
    Travel Insurance Is Confounding. What to Know Before You Buy It.
    More vacationers are getting it as severe weather and other threats put expensive trips at risk.  ( 26 min )
    Carl Icahn Should Be Sailing Into the Sunset. Instead, He’s Scrambling to Save His Empire.
    Billionaire activist investor Carl Icahn is weathering one of his career’s most trying periods, but some on Wall Street say don’t count him out yet.  ( 23 min )
    Bond Traders Fear ECB Hawks as Energy Jitters Return to Europe
    (Bloomberg) -- Freezing winter weather seems a remote concern as Europe swelters, but traders and strategists got a reminder last week of the continent’s fragile energy security and bond-market risks. Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaDavid Solomon Scrutiny Spreads From Goldman to Alma MaterLook to the Options Market for Signs of Stock Market TroubleHackers Trick AI With ‘Bad Math’ to Expose Flaws and BiasesMaui Now Looks a Lot Less Like Parad  ( 33 min )
    Did Berkshire Hathaway Sell Paramount Stock Last Quarter? We’ll Find Out on Monday.
    Berkshire is due to release its quarter 13-F filing Monday the make-up --and any changes -- in its $350 billion equity portfolio in the second quarter.  ( 27 min )
    VinFast gets into Nasdaq, while Mullen hangs on by a thread: This week in EVs
    Investing.com -- Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: VinFast joins EVs trading in U.S.; Mullen’s reverse stock split; and UAW talks get heated.  ( 33 min )
    Risk of double mortgage shock as Bank warns over persistently high interest rates
    More than 800,000 homeowners face a double mortgage rate shock as the Bank of England warns interest rates will stay high for years.  ( 31 min )
    How banks and shops joined the conspiracy against cash
    On a mild September day in 2015, a man walked into Walsall shopping centre in the West Midlands and headed straight for the local NatWest branch.  ( 37 min )
    What Wall Street’s Top Recession Gauge Is Saying Now
    Signs of economic strength are bringing new scrutiny to the inverted yield curve.  ( 21 min )
  • Open

    Country Risk Premium (CRP): What It Is and How To Calculate It
    Country risk premium (CRP) is the additional return or premium demanded by investors to compensate them for the higher risk of investing overseas.  ( 25 min )
    What Does the HUD Secretary Do?
    The Department of Housing and Urban Development is responsible for the living conditions of millions of Americans.  ( 21 min )
    What Credit (CR) and Debit (DR) Mean on a Balance Sheet
    There are a few theories on the origin of the abbreviations used for debit (DR) and credit (CR) in accounting. Here's an overview of the terms.  ( 22 min )
    Student Loan Debt by Gender
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    Understanding Frictional vs. Structural Unemployment
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    Comparing a Dominant Strategy Solution vs. Nash Equilibrium Solution
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    Standard Auto Insurance Definition
    Standard auto insurance is basic auto insurance, generally offered to drivers with clean driving records who fall into an average risk profile.  ( 22 min )
    Hashgraph Consensus Definition
    Hashgraph consensus works differently from more well-known blockchain consensus mechanisms. Learn more about it and how it works.  ( 21 min )
    Student Loans and the Racial Wealth Gap
    Higher education offers upward mobility to students of all races and ethnicities, but student loan debt still widens the racial wealth gap. Learn more.  ( 30 min )
    What Is an Accelerated Death Benefit in Life Insurance?
    An accelerated death benefit (ADB) allows a life insurance policyholder advances against the death benefit if diagnosed with a terminal illness.  ( 20 min )
    Variable Life Insurance: Definition, Tax Benefits, Vs. Term Life
    Variable life insurance is a permanent life insurance product with separate investment accounts, and often offers flexibility regarding premium remittance and cash value accumulation.  ( 22 min )
    Licensed for Reinsurance Only Definition
    Licensed for reinsurance only means a company can provide services specifically related to reinsurance in the state that has granted the license.  ( 19 min )
    How Long Can a Building Owner or Landlord Depreciate a Leasehold Improvement?
    Learn about the different depreciation and amortization rules pertaining to leasehold improvements for tax basis and GAAP financial statements.  ( 19 min )
    Vacant Home Insurance: Do You Need It? What Does It Cover?
    Vacant home insurance protects homes that aren’t being lived in. Here’s what vacant home insurance is, how it works, if you need it, and what it covers.  ( 23 min )
    4 Types of Home Renovation: Which Ones Boost Value?
    Most home renovation projects fail to pay for themselves at resale; savvy homeowners learn how to choose the upgrades that really add value.  ( 25 min )
    Preferred Provider Organization (PPO): Definition and Benefits
    A PPO is an arrangement with an insurance company in which a network of medical professionals and facilities provide services at reduced rates.  ( 23 min )
    Valuation Premium Definition
    A valuation premium is rate set by a life insurance company based on the value of the company's policy reserves.  ( 18 min )
    Government Assistance Programs: What's Available, Where to Apply
    Government assistance programs are in great demand when there is high unemployment or low wages. Learn what’s available, how to qualify, and where to apply.  ( 42 min )
    Credit Watch
    A credit watch is a service provided by credit rating agencies, financial institutions, or private businesses that watch your credit report for changes.  ( 21 min )
    What Is a Special Needs Child? Definition and Financial Resources
    A special needs child is one that requires extensive medical, educational, or emotional support.  ( 24 min )
    The 5 Countries With the Lowest Interest Rates
    Interest rates in many nations are at record low levels. We look at the five nations with the lowest rates.  ( 20 min )
    Stress Testing in Value at Risk: Overview, Calculations
    Most Value at Risk models assume away extremely high levels of volatility. This makes VaR particularly poorly adapted, yet well-suited, for stress testing.  ( 19 min )
    How Are Aggregate Demand and GDP Related?
    See why aggregate demand and gross domestic product (GDP) aren't necessarily the same, according to Keynesian macroeconomic theory.  ( 19 min )
    Barstool Sports Founder Bought It Back for $1—Here’s Dave Portnoy’s Net Worth Now
    Barstool Sports founder Dave Portnoy bought back his company for $1 from Penn Entertainment, as Penn Entertainment sold 100% of outstanding Barstool shares to Portnoy after signing a deal with ESPN to rebrand their existing sportsbook, without Barstool. Portnoy has a net worth of $100 million.  ( 18 min )
    How to Calculate the Value of an ETF
    An ETF is a good way to get broad exposure without taking on specific risk, but calculating performance may be a bit tricky.  ( 21 min )
    7 Ways to Lose Money on Bonds
    Can you lose money on bonds? Yes, indeed—but if you know the most common cause of bond losses, you can avoid them.  ( 24 min )
    Fitch Ratings: Definition, Uses, and Rating Scale
    Fitch is an international credit rating agency based out of New York City and London that investors often use to make investing decisions about stocks and bonds.  ( 21 min )
    Moral Hazard & the 2008 Financial Crisis Explained
    Learn about moral hazard, how it can affect outcomes and how it contributed to the conditions that led to the 2008 financial crisis.  ( 18 min )
    Amazon To Cut Back On Private Labels, While Walmart And Other Retailers Thrive
    Customers opt for pricing over brand names but Amazon's scaling back its private label operations even as other retailers such as Walmart and Costco continue to derive value.  ( 18 min )
    5 Lesser Known Parent Companies Of Big Luxury Brands
    Tapestry, Inc. (TPR) the parent company of brands such as Coach and Kate Spade, has acquired Capri Holdings Limited (CPRI), home to brands Versace, Jimmy Choo, and Michael Kors, in a deal worth about $8.5 billion. Here are some of the lesser known parent brands of the world's biggest luxury brands.  ( 19 min )
    Blanket Honesty Bond Definition
    A blanket honesty bond is a fidelity bond that protects employers from losses due to dishonest acts of employees.  ( 19 min )
    Business Liability Insurance: Meaning, Overview, Types
    Business liability insurance protects a company and/or business owner in the event of a formal lawsuit or any third-party claim.  ( 21 min )
    Understanding Life Insurance Loans
    A loan against the cash value of your life insurance can provide funds you need for other expenses. Learn about the pros and cons of this strategy.  ( 23 min )
    Cut-Through Clause: Meaning, How it's Used, Benefits
    A cut-through clause is a reinsurance provision that lets a party, other than the ceding company and reinsurance company, have rights under the agreement.  ( 19 min )
    Second Surplus Definition
    Second surplus describes a reinsurance treaty that provides coverage above that of a first surplus reinsurance treaty.  ( 18 min )
    Sales Comparison Approach (SCA): Definition and Use in Appraisals
    The sales comparison approach is an appraisal method that compares real estate to other properties with similar characteristics.  ( 24 min )
    What to Do After a Car Accident
    Being involved in an auto accident, even a minor one, can be a nerve-wracking experience, so it’s important to know what steps to take if it happens.  ( 21 min )
    Credit Market: Definition, Types, Example
    The credit market is where investors buy bonds and other credit-related securities. It is also where governments and corporations raise funds.  ( 22 min )
  • Open

    Review: Samsung Galaxy Z Flip 5 is de beste vouwtelefoon van het moment
    Je gebruikt misschien (nog) een platte telefoon, maar vouwtelefoons worden elk jaar beter. Dat bewijst Samsung met de Galaxy Z Flip 5, die uitblinkt met een nieuw scharnier en een groter scherm op de voorkant.  ( 7 min )
    China zoekt buitenlandse investeerders om afzwakkende economie te stimuleren
    De Chinese overheid probeert China aantrekkelijker te maken voor buitenlandse investeerders en wil het ondernemingsklimaat verbeteren, staat in een nieuw rapport van de regering.  ( 3 min )
    Zonnig weer zorgt (eindelijk) voor zomerdrukte bij pretparken en strandtenten
    Dagattracties in Nederland hebben het een stuk drukker gekregen nu het weer zonnig is. "Het is zomerdrukte. Eindelijk regent het niet meer en dat merken we wel", zegt een woordvoerder van de Efteling.  ( 3 min )
    Nog eens honderden beleggers naar de rechter om overnameprijs Credit Suisse
    Particuliere beleggers die geld hebben verloren na de overname van Credit Suisse door bankconcern UBS spannen een rechtszaak aan. Ze proberen de uitkoop aan te vechten bij de rechter, meldt Financial Times zondag.  ( 3 min )
    Nog eens honderden beleggers naar rechter om overnameprijs Credit Suisse
    Particuliere beleggers die geld verloren na de overname van Credit Suisse door bankconcern UBS in maart spannen een rechtszaak aan om de uitkoop aan te vechten, meldt Financial Times zondag.  ( 3 min )
    Hoge bouwkosten duwen Duitse projectontwikkelaar Project de afgrond in
    Project, een grote Duitse vastgoedontwikkelaar, heeft faillissement aangevraagd. Daardoor komen meerdere miljardenprojecten verspreid over Duitsland stil te liggen.  ( 3 min )
  • Open

    Amazon To Cut Back On Private Labels, While Walmart And Other Retailers Thrive
    Customers opt for pricing over brand names but Amazon's scaling back its private label operations even as other retailers such as Walmart and Costco continue to derive value.  ( 1 min )
    5 Lesser Known Parent Companies Of Big Luxury Brands
    Tapestry, Inc. (TPR) the parent company of brands such as Coach and Kate Spade, has acquired Capri Holdings Limited (CPRI), home to brands Versace, Jimmy Choo, and Michael Kors, in a deal worth about $8.5 billion. Here are some of the lesser known parent brands of the world's biggest luxury brands.  ( 1 min )

  • Open

    Why WeWork may be the next hot meme stock
    No content preview
    China’s Economic Woes Deepen With Housing Market Slump
    (Bloomberg) -- China’s economy is showing little sign of a rebound, with fresh stress in the property market and deflation threatening the growth outlook.Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaDavid Solomon Scrutiny Spreads From Goldman to Alma MaterLook to the Options Market for Signs of Stock Market TroubleMaui Now Looks a Lot Less Like ParadiseHackers Trick AI With ‘Bad Math’ to Expose Flaws and BiasesOfficial data on Tuesday will likely show mo  ( 35 min )
    Bond Market Sees No End to Tumult as Fed Casts a Hawkish Shadow
    (Bloomberg) -- Across Wall Street, there’s growing relief that the Federal Reserve — at long last — may be done raising interest rates. But that doesn’t mean turbulence in the bond market will soon become a thing of the past. Most Read from BloombergDavid Solomon Scrutiny Spreads From Goldman to Alma MaterMaui Now Looks a Lot Less Like ParadiseLook to the Options Market for Signs of Stock Market TroubleBankman-Fried in Custody After Bail Is Revoked Over LeaksInvestors anticipate that US Treasuri  ( 33 min )
    Nikola Recalls Most of Its Battery-Electric Trucks After Fire Probe
    Nikola is recalling about 209 of its battery-powered commercial trucks after an outside investigation indicated a defective battery part likely caused a fire in one of the trucks.  ( 27 min )
    Paul Graham calls A.I. ‘the exact opposite of a solution in search of a problem’
    A.I. "is turning out to be the missing piece in a large number of important, almost-completed puzzles," said the Y Combinator cofounder.  ( 31 min )
    From Elon Musk to Chinese tech titans, everyone wants Nvidia's GPU chips. There might not be enough to go around.
    No content preview
    How to Get a Zero Interest Home Remodeling Loan
    Learn the eligibility requirements to get an interest-free loan for home improvement projects from your county's housing agency.  ( 22 min )
    Americans can't get a break thanks to surging mortgages, food and fuel costs. Here's all the ways consumers are getting screwed.
    Just when you thought inflation is going down, the cost of food, fuel, mortgage rates and credit card debt has gone up, eating away Americans' wallets.  ( 32 min )
    Bitcoin gift cards amplifying spending power of crypto
    Consumer bitcoin provider Azteco recently announced an $84 million seed funding round led by Jack Dorsey as the company introduces Bitcoin gift cards.  ( 32 min )
    Lina Khan: The most feared person in Silicon Valley is a 34-year-old in DC
    Lina Khan is a key architect of an aggressive attempt by Washington to rein in tech giants. Amazon may be next.  ( 35 min )
    This institutional homebuyer has completely stopped buying—why the 2023 housing market has Wall Street types timid
    Yieldstreet owns around 700 homes. But it hasn't bought any homes in 2023.  ( 33 min )
    India's Adani Ports says Deloitte auditor resignation arguments not convincing
    NEW DELHI (Reuters) -India's Adani Ports on Saturday said Deloitte's reasoning to quit as auditor of the company was "not convincing or sufficient to warrant such a move" and the global firm had all the necessary information it required to conduct the process. Deloitte had decided to resign from the role amid concerns over certain related party transactions flagged in a report by U.S. short seller Hindenburg in January, but the Indian company did not wish to look into them independently, a source told Reuters on Friday. The auditor's resignation has brought fresh scrutiny of the financial management at Adani Group, led by Indian billionaire Gautam Adani.  ( 32 min )
    As Fires and Severe Weather Increase, Demand for Homeowners Insurance Rises
    As natural disasters like the fires in Maui, Hawaii, inflict more damage on homes and properties, people are looking to protect against potential losses. That means brisk business for insurers—and opportunities for investors.  ( 26 min )
    Retirees Rely on Social Security The Most in These US Cities
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    Want to Stop Working at 40? $3 Million Will Buy You This Much Retirement
    Depending on your goals and plans, $3 million can be enough to cover early retirement at 40. However, certain factors will affect whether $3 million is enough. For example, your retirement needs and life expectancy play a big role. Here's … Continue reading → The post Is $3 Million Enough to Retire at 40? appeared first on SmartAsset Blog.  ( 32 min )
    How Much Retirement Will $400k Buy Me?
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    How Long Will $1.5 Million Last Me If I Retire at 50?
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    How Much Retirement Will $3 Million Buy Me?
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    Americans are still ransacking their retirement savings
    In the second quarter, the tally of folks taking hardship withdrawals from their 401(k) was up 12% compared to the first three months of the year and leapt 36% year over year.  ( 32 min )
    How Long Will $5 Million Last Me If I Retire at 45?
    If you have $5 million saved and are thinking of retiring at 45, the good news is you can certainly do so. The bigger question is how you'll need to plan your retirement around that amount and your early retirement … Continue reading → The post Can I Retire at 45 with $5 Million? appeared first on SmartAsset Blog.  ( 33 min )
    Good News, Millennials: You Can Still Rescue Your Retirement
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    Ask an Advisor: What Conflicts of Interest Can Arise Even With a Fiduciary?
    The existence of fiduciary duty does not prevent potential conflicts of interest. Could you explain a little more about this idea? What types of conflicts could arise even with a fiduciary? – Marianne Finding a fiduciary is a great start … Continue reading → The post Ask an Advisor: What Conflicts of Interest Can Arise Even With a Fiduciary? appeared first on SmartAsset Blog.  ( 33 min )
    Ask an Advisor: I'm a 43-Year-Old Divorced Dad With $315K in an IRA, $90K in a Roth and Other Accounts. Can I Retire at 57?
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    Ask an Advisor: ‘Am I Getting Fleeced?' I'm 66, Contributing $272 Per Month to an IRA and Paying $136 Monthly in Fees. That's 50% of My Contribution
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    Earnings Beat of the Week: Wynn Resorts Capitalizes on Tourism, Spending Boom
    Casino operator Wynn Resorts (WYNN) capitalized on a surge in tourism and retail spending at its resorts in Las Vegas and Macau that boosted the company's second-quarter earnings.  ( 19 min )
    Molson Coors, Tilray search for ‘next billion-dollar idea’ in recent booze deals
    Beer, cannabis, and spirits come together as companies look to follow the consumer into the future.  ( 34 min )
    Oil Giant SLB Leads 5 Resilient Stocks Near Buy Points
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    Here's How Much Americans' 401(k) Balances Have Grown in 2023. Is Yours Keeping Pace?
    The good news for retirement savers using 401(k) plans and similar workplace retirement accounts is that the improving stock market is raising account balances. The average 401(k) is up by an average of $7,250 – a gain of 9.6% – since the end of 2022, according to a Bank of America report. The report also […] The post Here’s How Much Americans’ 401(k) Balances Have Grown in 2023. Is Yours Keeping Pace? appeared first on SmartReads by SmartAsset.  ( 33 min )
    Your Financial Advisor Will Soon Use AI on Your Portfolio
    Artificial intelligence will transform advising, and will be used for everything from constructing more efficient portfolios to answering client questions.  ( 26 min )
    The Chicago school economist who warned years ago of America’s ‘business dynamism’ fading still sees ‘something broken in the background’
    Ufuk Akcigit and Sina Ates wrote a paper in 2019 that tracked four decades of economic decline in the U.S. The problems haven't gone away.  ( 36 min )
    The Stock Market Is No Fun When Student Loan Payments Are About to Restart
    Another bucket of cold water threatens the once-hot trend of amateur day trading.  ( 26 min )
    The Scary Math Behind the World’s Safest Assets
    Washington has laid the seeds of a crisis that Wall Street can no longer ignore.  ( 25 min )
    A Pain in the Neck: Elon Musk and Tesla’s Revolving C-Suite
    The chief financial office’s move to step down is the latest example of high-level churn at the electric-vehicle company.  ( 27 min )
    ‘I have had clients in tears’: First-time buyers burned by Help to Buy
    Despite month after month of falling prices, the housing market has so far avoided the most pessimistic forecasts for a market crash.  ( 33 min )
    Inside the American bid to break France’s stranglehold on the £300bn luxury market
    Two ageing French billionaires sit atop the global luxury market: Bernard Arnault and François Pinault.  ( 34 min )
    It Makes More Sense to Rent Than Buy a Home Right Now. Here’s Why.
    Rising home values and higher mortgage rates have eroded the savings on monthly costs for many who are considering buying now.  ( 27 min )
    Shiba Inu Open Interest Tops $100M, Raises Red Flag For Bitcoin
    Investors are again pouring money into meme-focused cryptocurrency Shiba Inu (SHIB) in a sign of caution for bitcoin traders. Open interest in Binance's SHIB futures has more than doubled to $101.65 million this month, hitting the highest since Feb. 5, according to data source Coinglass. SHIB futures are sized at 1000 SHIB per contract with up to 25x leverage.  ( 30 min )
    US stocks finish the week mostly lower as July inflation data comes in mixed
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    China’s Home Buyers Are Waiting Out the Property Slump
    The wait-and-see attitude of home buyers is deepening the slump and complicating policy makers’ attempts to revive economic growth.  ( 26 min )
    How U.S. and China Are Breaking Up, in Charts
    China’s share of U.S. imports hits a 20-year low, with Mexico and Canada becoming America’s top two trade partners.  ( 27 min )
    A key signal suggests job growth could plummet in coming months amid labor strikes and bad weather
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    U.S. Senator Lummis, Crypto Lobbyists Urge Court to Dismiss SEC's Coinbase Lawsuit
    U.S. Senator Cynthia Lummis (R-Wy.), a number of crypto lobbying organizations and a group of professors called on a federal court to dismiss a Securities and Exchange Commission (SEC) lawsuit against crypto exchange Coinbase Friday.  ( 33 min )
    Nvidia and other AI stocks are slumping. 'Amara's Law' explains why.
    AI hype drove huge gains among some tech stocks in the first half of 2023. Lately, that has gone into reverse.  ( 31 min )
    Deflation Is the Latest Risk for China’s Struggling Stock Market
    (Bloomberg) -- China’s lapse into deflation is emerging as the latest risk for its struggling stock market, denting investor optimism over a much-anticipated earnings rebound. Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaDavid Solomon Scrutiny Spreads From Goldman to Alma MaterLook to the Options Market for Signs of Stock Market TroubleMaui Now Looks a Lot Less Like ParadiseHackers Trick AI With ‘Bad Math’ to Expose Flaws and BiasesThe CSI 300 Index just  ( 32 min )
  • Open

    Credit Rating: What It Is and Why It's Important to Investors
    A credit rating is an assessment of the creditworthiness of a company or government—in general terms or with respect to a particular debt or financial obligation.  ( 27 min )
    Credit Risk: Definition, Role of Ratings, and Examples
    Credit risk is the possibility of loss due to a borrower's defaulting on a loan or not meeting contractual obligations. Learn how it works.  ( 24 min )
    With HO5 Insurance, You're in Charge
    HO5 insurance, a type of home insurance, covers everything and will put the onus on your insurance provider.  ( 24 min )
    Ripple Ecosystem: What Is The Role Of XRP?
    XRP's role in Ripple's ecosystem is confusing, causing many to quickly lose interest in its utility and invest elsewhere. Here's an explainer of its role.  ( 22 min )
    Abstract of Title: Defining This Crucial Real Estate Document
    Abstract of Title is the summarized historical legal record of a piece of property.  ( 18 min )
    What Are As-Is Home Sales?
    Homes that are being sold without necessary repairs being made first are as-is listings. There can be pros and cons to selling or buying a property this way.  ( 23 min )
    Buying vs. Renting in San Francisco: What's the Difference?
    The question of whether to buy or rent in the San Francisco Bay Area is a tough one because both options are pricey. Here we discuss how to decide.  ( 24 min )
    How to Get a Zero Interest Home Remodeling Loan
    Learn the eligibility requirements to get an interest-free loan for home improvement projects from your county's housing agency.  ( 22 min )
    Canine Liability Exclusion Definition
    A canine liability exclusion is a home insurance clause that protects the insurer against paying claims caused by dogs. Homeowners may need an add-on or separate policy.  ( 20 min )
    Reinstatement Clause in Insurance: Meaning and Examples
    A reinstatement clause is an insurance policy clause that states when coverage terms are reset after the insured files a claim.  ( 18 min )
    How Much Does It Cost to Tow a Car?
    How much it costs to have your car towed depends on whether you have auto insurance coverage, the right credit card, or a roadside assistance plan.  ( 19 min )
    Eviction: Definition and How It Works Under the Law
    Eviction is the process by which a landlord can remove a tenant from a rental property. It typically involves court proceedings but governments offer some protections.  ( 25 min )
    How to Cancel Car Insurance
    If you’re switching insurance providers, moving to another state, or selling the insured vehicle, here’s how to cancel your auto insurance policy.  ( 19 min )
    Crisis Management Coverage
    Crisis management coverage is insurance coverage designed to help a business limit the negative impact of events on the business’s reputation.  ( 18 min )
    Earnings Beat of the Week: Wynn Resorts Capitalizes on Tourism, Spending Boom
    Casino operator Wynn Resorts (WYNN) capitalized on a surge in tourism and retail spending at its resorts in Las Vegas and Macau that boosted the company's second-quarter earnings.  ( 17 min )
    Prices in China are Falling: Here's Why That's a Problem
    News this week that consumer prices in China fell 0.3% from the year before set off alarm bells because deflation can devastate economies.  ( 17 min )
    Annual Renewable Term (ART) Insurance: What it is, How it Works
    Annual Renewable Term insurance is term life insurance with a guarantee of future insurability for a set period of years on a renewable basis.  ( 20 min )
    Crossover Loss Definition
    In a reverse mortgage, a crossover loss occurs when the loan balance exceeds the property value at the time that the loan pays off.  ( 22 min )
  • Open

    NU+ | Koplopers: Zelfs monumenten kunnen groen en gasloos zijn
    In de serie Koplopers bezoekt NU.nl deze zomer duurzame projecten die ons een kijkje in de toekomst van energie, warmte en (land)bouw geven. Deze week: hoe een rijksmonument in Amsterdam groen en gasloos werd.  ( 5 min )
    Muzieklabels klagen Internet Archive aan vanwege digitale 78 toerenplaten
    Verschillende grote muziekmaatschappijen hebben de non-profitorganisatie Internet Archive aangeklaagd omdat die het auteursrecht zou hebben geschonden door duizenden oude muzieknummers en -opnames online te zetten.  ( 3 min )
    De Chinese economie kampt met deflatie, waarom is dat erg?
    Waar de prijzen in Nederland al een jaar omhoogschieten, was er in China in juli voor het eerst in meer dan twee jaar sprake van dalende prijzen. De angst voor die deflatie neemt toe. Waarom is dat een probleem?  ( 4 min )
    FTX-oprichter Bankman-Fried opnieuw in de boeien geslagen
    De van fraude verdachte oprichter van de failliete cryptobeurs FTX, Sam Bankman-Fried, is opnieuw gearresteerd. Hij was op borgtocht vrij, maar een rechter heeft de borgtocht vervroegd ingetrokken.  ( 3 min )
    Reisverzekering is veel minder groot vangnet bij Nederlandse vakantie
    Bij een vakantie in eigen land hoef je niet te vrezen voor kostbare terugvluchten of een hoge medische rekening. Daarom kun je denken dat een reisverzekering niet nodig is. Sluit je dan alleen nog een polis af voor je bagage?  ( 6 min )

  • Open

    Standard & Poor's (S&P): Provider of Indexes and Credit Ratings
    Standard & Poor's (S&P) is globally known for its variety of investable, benchmark financial indices, along with its independent credit ratings.  ( 26 min )
    Understanding Interest Rates, Inflation, and Bonds
    Get to know the relationships that determine a bond's price and its payout.  ( 27 min )
    What Is a Credit Agency? How They Work
    Credit agencies gather debt information that is used to generate a score that indicates creditworthiness.  ( 21 min )
    Retired Securities Definition and Example
    Retired securities have been repurchased by the issuer out of the company's retained earnings and canceled.  ( 19 min )
    Administrative Charge: Definition and How It Works in Insurance
    An administrative charge is charged by an insurer to cover expenses related to record keeping and/or other administrative costs.  ( 18 min )
    What Is Comprehensive Insurance and What Does It Cover?
    Comprehensive insurance is car insurance that covers damage to your car from causes other than a collision. Learn about comprehensive insurance costs.  ( 24 min )
    Top CDs Today: New High-Rate Options Join the Ranks, Including a 5.65% Jumbo CD
    Today's best CD rate is 5.75%—available from either Andrews Federal Credit Union or Sun East Federal Credit Union—with three more CDs paying 5.65% and two offering 5.60%.  ( 19 min )
    Global Oil Prices Could Keep Heading Higher, IEA Says
    Global oil prices could keep heading higher, IEA says, though its forecast for slowing demand growth could provide some relief in 2024.  ( 18 min )
    Associate in Insurance Services (AIS) Definition
    Associate in Insurance Services (AIS) is a designation earned by insurance professionals and conferred by The Institutes.  ( 18 min )
    Former FTX CEO Bankman-Fried Has Bail Revoked, Heads To Jail
    Former FTX CEO Sam Bankman-Fried had his bail revoked and was sent to jail ahead of his October criminal trial for alleged witness tampering.  ( 18 min )
    Consumer Price Index (CPI) Explained: What It Is and How It's Used
    The Consumer Price Index (CPI) measures change over time in the prices paid by consumers for a representative basket of goods and services.  ( 33 min )
    S&P 500 Gains and Losses Today: News Corp Shares Jump on Profit Beat and AI Plans
    U.S. equities were mixed, with the S&P 500 losing 0.1% on Friday, Aug. 11, 2023, after a higher-than-expected rise in producer prices.  ( 16 min )
    Occidental Petroleum Shares Climb After Winning DOE Grant for Carbon Capture Project
    Shares of Occidental Petroleum advanced after the U.S. Department of Energy chose the energy company to receive hundreds of millions of dollars in grants for a carbon capture project.  ( 17 min )
    Inflation: What It Is, How It Can Be Controlled, and Extreme Examples
    Inflation is a decrease in the purchasing power of money, reflected in a general increase in the prices of goods and services in an economy.  ( 38 min )
    When You Can’t Get a Reverse Mortgage
    Reverse mortgages can provide income for retirement. Learn what can make you ineligible for one and what some of the alternatives are.  ( 22 min )
    News Corp Shares Rise After Profit Beat on Cost Cuts and Says It Anticipates AI Gains
    News Corp shares climbed after the company posted better-than-expected results on cost-cutting moves, and said artificial intelligence would help boost future results.  ( 18 min )
    5 Ways Small Businesses Are at a Disadvantage
    Small businesses can be nimble and innovative, but larger companies have name recognition, can raise capital, and have other advantages that are hard to beat.  ( 19 min )
    Surplus Lines Insurance: What It Is, How It Works, Uses, and Types
    Surplus lines insurance policies offer coverage for risks that regular insurance companies don’t want to take on.  ( 21 min )
    Single-Premium Life Insurance: What it is, How it Works, FAQ
    Single-premium life insurance charges the policyholder just one lump-sum premium payment to guarantee the death benefit.  ( 21 min )
    Nearly One in 10 U.S. Homes Is Now Worth A Million Dollars as the Housing Market Recovers
    A shortage of homes for sale boosted housing values in June to a record $46.8 trillion, surpassing last year's previous all-time high of $46.6 trillion. In more affordable markets, the typical home still sells for below the national median of $426,056.  ( 18 min )
    SEC Delays Decision on ARK Invest's Bitcoin ETF To Gather More Public Comments
    The SEC has announced they have delayed a decision on ARK Invest's bitcoin ETF application in an effort to gather more comments from the public.  ( 17 min )
    Net Premiums Written: What it is, How it Works
    Net premiums written is the sum of premiums written by an insurance company over time, minus premiums ceded to reinsurance, plus any reinsurance assumed.  ( 19 min )
    Capital Stock Insurance Company Definition
    A capital stock insurance company is an insurer that gets capital from stockholder contributions, in addition to other reserve or surplus accounts.  ( 19 min )
    Despite Increased Travel Demand Price to Fly Is Falling
    Flying in the U.S. is now 10% lower than pre-pandemic prices and air travel demand is up 12% from the same time last year.  ( 17 min )
    How to Calculate MPC: Marginal Propensity to Consume
    Marginal propensity to consume (MPC) is how much more individuals will spend for each additional dollar earned. Here's how to calculate MPC.  ( 24 min )
    Learn Some Limitations of the Consumer Price Index
    Despite being followed so relentlessly, the consumer price index (CPI) has its limitations and is an imperfect measure of inflation and the cost of living.  ( 23 min )
    Valuation Period Definition
    The valuation period is the time period during which value is determined for variable investment options.  ( 21 min )
    How Microeconomics Affects Everyday Life: Renting an Apartment
    Here’s a look into the importance of microeconomics and how individuals use this theory in the case of leasing an apartment from a landlord.  ( 21 min )
    Maxeon Cuts Guidance as Demand for Solar Products Weakens, Sending Shares Lower
    Shares of Maxeon Solar Technologies plunged after the company reduced its outlook because of a decline in demand for solar products.  ( 17 min )
    Markets Mixed at Midday as Wholesale Inflation Rises More Than Anticipated
    Markets were mixed at midday on Friday, Aug. 11, 2023 after the Labor Department's latest report on wholesale inflation showed producer prices rose more than expected last month.  ( 17 min )
    Kazakhstan Tenge (KZT) Definition
    KZT is an abbreviation for the Kazakhstan tenge (KZT), the currency of Kazakhstan.  ( 18 min )
    How to Tell If a Real Estate Agent Is Lying
    Find out what real estate agents are likely to lie about, the reasons for the lies, and how to protect yourself from unscrupulous agents.  ( 20 min )
    Consumer Confidence Softens in August Amid Rising Gas Prices
    The University of Michigan's Consumer Sentiment Index fell 0.6% to 71.2 in August from 71.6 in July.  ( 18 min )
    Consumer Price Index for All Urban Consumers (CPI-U)
    The Consumer Price Index For All Urban Consumers measures monthly change in U.S. consumer prices.  ( 23 min )
    Flat Dollar
    A flat dollar is a fixed dollar amount charged for transactions, as opposed to an amount based upon a percentage of the transaction.  ( 18 min )
    Bankrupt Crypto Exchange Bittrex To Pay $24 Million To Settle With The SEC
    Crypto trading platform Bittrex, that shuttered its U.S. operations earlier this year, will pay $24 million to settle SEC charges for running an unlicensed exchange, broker, and clearing agency.  ( 19 min )
    UBS Terminates $10B Government Aid For Credit Suisse Deal
    Swiss megabank UBS has agreed to voluntarily end a $10 billion backstop used to cover potential losses from its merger with Credit Suisse.  ( 17 min )
    The U.S. vs. Canada: Maternity Leave Differences
    The Family and Medical Leave Act is sparse and makes the U.S. one of the only countries that has no mandated form of paid leave for new parents.  ( 25 min )
    Cano Health Warns it May Not Be Able to Stay in Business, Looks for Buyer
    Cano Health shares plummeted to an all-time low after the health care provider for seniors warned it may not be able to continue operations and is looking for a buyer as revenue sank and expenses rose.  ( 17 min )
    Alphabet's Waymo and GM's Cruise Win Approval to Expand Robotaxi Services in San Francisco
    Alphabet's Waymo and General Motor's Cruise received regulatory approval to expand their robotaxi services to offer driverless ride-hailing services 24/7 across San Francisco.  ( 17 min )
    Flying Taxi Maker Archer Settles Boeing Lawsuit, Secures $215M in Funding
    Archer Aviation will team up with Boeing for autonomous flying technology after ending litigation, as the startup prepares to grow with an FAA nod for test flights and another $215 million in funds from investors.  ( 18 min )
    30-Year Mortgage Rates Drop to Two-Week Low
    Mortgage rates dropped across every loan type except jumbo loans, with the 30-year average now down to a two-week low after dropping about a quarter point over the past week.  ( 20 min )
    3 Degrees of Price Discrimination
    Price discrimination is the strategy of a business or seller charging different prices to different customers for the same product or service. There are three ways businesses can do it.  ( 23 min )
    Strong Dollar: Advantages and Disadvantages
    While a strong U.S. dollar benefits some, it negatively impacts others. These are the advantages and disadvantages of a strong U.S. dollar, and who gains and loses.  ( 22 min )
    Why Are the Factors of Production Important to Economic Growth?
    The factors of production are the resources used in creating and producing a good or service and are the building blocks of an economy. Learn why they're important.  ( 23 min )
    Here’s how the Shell Fuel Rewards Card works, including features, current interest rates, and fees.
    Here is how the Shell Fuel Rewards Card works including where and how to apply, where it can be used, interest rates and fees charged, and the rewards and benefits involved.  ( 22 min )
    How Does the Law of Supply and Demand Affect Prices?
    Learn how the law of supply and demand affects prices, whether supply remains the same and demand increases or vice-versa, plus the exceptions to the rule.  ( 24 min )
    5 Things to Know Before Markets Open
    The latest Producer Price Index tracking wholesale inflation is expected to show prices ticked higher for July, and Google and GM get authority to operate self-driving taxis in San Francisco. Here’s what investors need to know today.  ( 17 min )
    Elasticity vs. Inelasticity of Demand: What's the Difference?
    Elasticity and Inelasticity of demand are the degrees to which demand changes in response to price changes, income levels, and substitution.  ( 24 min )
    The Cost of Studying at New York University (NYU)
    The costs of attending NYU—including paying NYU’s tuition bills—are above average, even for private universities. But research shows it's a wise investment.  ( 24 min )
    Unit Linked Insurance Plan: What It Is, How It Works
    A unit linked insurance plan (ULIP) is an investment product that provides insurance payout benefits.  ( 23 min )
    International Institute for Management Development (IMD)
    The International Institute for Management Development is one of the top graduate business schools in the world, located in Lausanne, Switzerland.  ( 22 min )
  • Open

    The Stock Market Is Falling. Why It’s Time to Get Happy.
    As stocks sink into an August malaise, it’s time to think about what could go right for investors.  ( 26 min )
    AMC Entertainment’s Stock Plan Approved by Judge
    Shares of movie-theater chain sink late Friday as settlement clears plan to issue more shares, raise capital.  ( 25 min )
    The Stock Market Had Another Tough Week. It’s August.
    Stocks rose, fell, rose and fell, ultimately finishing lower this past week. Tech feels the pain.  ( 26 min )
    Buy GM and Wayfair Stock. Analysts Make the Case.
    Wayfair looks headed for accelerated gains in sales and profits.Plus, insights on Petrobras, UPS, and Six Flags.  ( 26 min )
    Listen to Main Street, Not Wall Street, When It Comes to Inflation
    Consumers are still feeling the pinch of higher prices, despite data showing moderating inflation. Bottom line: Don’t count on Fed rate cuts in 2024.  ( 26 min )
    Buy tech stocks now as solid 2nd-quarter earnings will power a 15% rally into year-end, Wedbush says
    "Rome was not built in a day, and neither will the AI ecosystem but this build out is unlike anything we have seen since the Internet in 1995."  ( 31 min )
    Ex-Goldman CEO Lloyd Blankfein phoned his successor to complain after taking a $50 million hit on the bank's stock - and even offered to rejoin the firm, report says
    Lloyd Blankfein called his successor as Goldman's CEO, David Solomon, to complain about the bank's slumping stock and offer to help out, report says.  ( 32 min )
    Odds & Ends: ARK Spot Bitcoin ETF Delayed
    Plus, the SEC fined Wells Fargo and others for not keeping records of business communications.  ( 30 min )
    Exxon Awarded $77 Million in Claim Against Venezuela
    (Bloomberg) -- The World Bank arbitration court awarded $77 million to Exxon Mobil Corp. in a resubmitted claim worth $1.4 billion over the nationalization of Venezuela’s Cerro Negro and La Ceiba crude projects in 2007.Most Read from BloombergDavid Solomon Scrutiny Spreads From Goldman to Alma MaterMaui Now Looks a Lot Less Like ParadiseBankman-Fried in Custody After Bail Is Revoked Over LeaksJeff Bezos Buys $68 Million Home on Florida’s Exclusive Indian Creek IslandThe award is the result of a  ( 32 min )
    Stock Market Action Plan: Walmart, Target, Home Depot Lead Crucial Week For Retail
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    This Is a ‘Bear Steepener’ Bond Market. Why Investors Should Be Concerned.
    10-year Treasury yields are rising faster than two-year yields for one of two reasons. Determining the right one will make all the difference.  ( 26 min )
    GQG Partners adds Nvidia, Amazon, Apple in Q2
    Australia-listed investment firm GQG Partners added more shares of Nvidia Corp in the second quarter, ending June with $5.9 billion invested in the chipmaker, according to regulatory filings on Friday. Shares in Nvidia are up roughly 180% year to date and reached $1 trillion in market capitalization, amid excitement over advancements in artificial intelligence. In the beginning of June, Chief Investment Officer Rajiv Jain told Reuters he had been meaningfully increasing the firm's position in Nvidia, as he believed the stock had room for more gains.  ( 31 min )
    NextEra Offers a Smart Bet on Green Energy and a Rising Payout
    NextEra Energy owns the largest renewables business in the U.S., and the biggest utility. The stock’s selloff offers an opportunity.  ( 26 min )
    Shein's mounting ethical concerns may push some Gen Z to shop elsewhere
    The fast-fashion company now rivals H&M and Zara, but questions over its labor practices are increasingly taking the spotlight.  ( 34 min )
    AMC Stock Tumbles After ‘APE’ Conversion Approved by Court
    A long awaited plan to convert preferred equity units into AMC's common stock was approved in Delaware court, sending shares down in late trading Friday.  ( 26 min )
    Dow Jones Futures: Market Rally Not Broken, But Nvidia, Tesla Flash Sell Signals
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    Top CDs Today: New High-Rate Options Join the Ranks, Including a 5.65% Jumbo CD
    Today's best CD rate is 5.75%—available from either Andrews Federal Credit Union or Sun East Federal Credit Union—with three more CDs paying 5.65% and two offering 5.60%.  ( 21 min )
    Oil Prices Notch a 7-Week Winning Streak. Here’s Why.
    Oil prices are heading to a record again, and it’s increasingly clear the gains are no fluke. Demand hit a record in June and is on track to stay at high levels for the rest of the year.  ( 27 min )
    Why We Didn't Wait Long To Exit PANW Stock
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    AMC’s Revised Stock Conversion Plan Is Approved by Court
    (Bloomberg) -- AMC Entertainment Holdings Inc. won court approval of a stock conversion plan that had spurred a shareholder lawsuit and cast a cloud over the movie theater chain’s efforts to secure new financing.Most Read from BloombergBiden Fears China Economy Is ‘Ticking Time Bomb’Jeff Bezos Buys $68 Million Home on Florida’s Exclusive Indian Creek IslandRetirees Face $17,400 Cut to Social Security Benefits in 2033Maui Now Looks a Lot Less Like ParadiseConsulting Firms Are Paying Undergrads $2  ( 33 min )
    Global Oil Prices Could Keep Heading Higher, IEA Says
    Global oil prices could keep heading higher, IEA says, though its forecast for slowing demand growth could provide some relief in 2024.  ( 19 min )
    UPDATE 1-AMC Entertainment receives court approval for revised stockholder settlement
    AMC Entertainment's revised stockholder settlement was approved by a Delaware judge on Friday, according to a court filing, three weeks after the judge rejected a related deal. Under the approved class action settlement, cinema operator AMC will provide stock worth an estimated $129 million to holders of its common stock to settle potential legal claims related to a stock conversion plan. The approved class settlement did not allow shareholders to opt out and binds them to the agreement.  ( 31 min )
    AMC Entertainment gets approval for revised investor settlement, preferred stock soars
    WILMINGTON, Delaware (Reuters) -AMC Entertainment's revised stockholder settlement was approved by a Delaware judge on Friday, according to a court filing, three weeks after the judge rejected a related deal. Under the approved class action settlement, cinema operator AMC will provide stock worth an estimated $129 million to holders of its common stock to settle potential legal claims related to a stock conversion plan. The approved class settlement did not allow shareholders to opt out and binds them to the agreement.  ( 31 min )
    Amazon wants to ship your orders without a box. Shoppers worry it will boost package theft, but psychology shows it could actually deter it
    Research shows that the amount of dopamine released in response to a reward is increased when the reward is unpredictable.  ( 33 min )
    A real estate billionaire said Fridays are ‘dead forever’ for offices and remote work guru Nick Bloom says he’s right—it’s part of a new 3-part week
    “Friday is increasingly winning out in the WFH stakes,” the WFH Research cofounder tells Fortune.  ( 32 min )
    Look to the Options Market for Signs of Stock Market Trouble
    (Bloomberg) -- Deep within the underbelly of the options world lies a threat to the stock-market calm that’s prevailed all year. Most Read from BloombergMaui Now Looks a Lot Less Like ParadiseJeff Bezos Buys $68 Million Home on Florida’s Exclusive Indian Creek IslandBankman-Fried in Custody After Bail Is Revoked Over LeaksDavid Solomon Scrutiny Spreads From Goldman to Alma MaterWhile benchmark indexes just limped to one of their smallest weekly changes of 2023, intraday moves tell a different st  ( 34 min )
    Nasdaq slips, Dow rises as Wall Street weighs inflation data: Stock market news today
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    Maui Wildfires Could Hit Tourism Industry Hard. Some Stocks to Watch.
    The biggest question for the island’s companies—and broader economy— will be how long tourists might stay away.  ( 27 min )
    As mass layoffs loom, GKN Aerospace battles with Boeing in court
    A United Kingdom-based investment firm and seven entities of GKN Aerospace have asked the Missouri Supreme Court to dismiss them from a lawsuit that The Boeing Co. filed, arguing they are not subject to state law because they aren’t incorporated here.  ( 13 min )
    Apple has plowed over $500 billion into stock buybacks since 2012 — more than Visa, JPMorgan, or Exxon are worth
    Only eight companies in the S&P 500 have larger market values than Apple's outlay on share repurchases over the last decade.  ( 32 min )
    Nikola stock slides into reverse after share count doubled
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    Bill Gross Says 10-Year Treasuries Are ‘Overvalued’
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    Bonds are no longer the safe option
    In 2023, US equities have wiped the floor relative to the government IOUs  ( 6 min )
    Why Moody's put Truist on watch for a potential credit downgrade
    Truist's shares slid earlier this week following Moody's decision to review the bank for a potential downgrade. But as of Friday, its stock had started to make a comeback.  ( 11 min )
    Insiders Buy the Dip in These 2 Beaten-Down Stocks, Analysts Say They Could Be Ready to Bounce Back — Here’s Why You Should Pay Attention
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    A pharma company helping Elon Musk shed weight is now worth more than the entire economy of Denmark
    The weight-loss and diabetes injectables have seen a surge in demand primarily in the U.S., buoying Novo Nordisk’s profits in the first half of 2023.  ( 33 min )
    Analyst Report: Xylem Inc
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    Analyst Report: Enterprise Prods Pntr L
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    Lesser-Known Treasury Yield Is on Brink of Historic Breakthrough
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    Nasdaq slips, Dow up after more inflation data shows pickup: Stock market news today
    Stocks traded mixed Friday as investors continued to weigh the impact of inflation.  ( 31 min )
    Market Update: EPD, NJR, WWW, XYL, DD, ETSY
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    Toyota recalls roughly 168,000 vehicles over fire risk
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    Chinese electric car giant declares war on Western rivals
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    Flying-Car Dispute Ends as Boeing Bets Bigger on eVTOL
    Thursday, Boeing and Archer Aviation settled litigation. Boeing even took a stake in the flying car start-up. Archer shares surged initially but gave back some early gains.  ( 26 min )
    Buy Rivian Stock, Sell Lucid, Says Broker. Both Stocks Are Down.
    Electric-vehicle makers Lucid Group and Rivian have similar market values. That doesn't make a lot of sense for European firm Exane BNP Paribas.  ( 26 min )
    Investors brace for turbulence as Fed balance sheet shrinks by $1tn
    Central bank will continue shedding Treasuries at a time of significant US government borrowing  ( 6 min )
    Cano Health Warns it May Not Be Able to Stay in Business, Looks for Buyer
    Cano Health shares plummeted to an all-time low after the health care provider for seniors warned it may not be able to continue operations and is looking for a buyer as revenue sank and expenses rose.  ( 17 min )
    Comcast Keeps Losing Cable Subscribers. Why That Makes the Stock More of a Buy.
    Comcast’s broadband network is crucial to the future of technology. Even so, its stock is cheap compared with buzzier names like Netflix, Nvidia, and Meta Platforms.  ( 26 min )
    Rivian Seems To Have Resolved Its Biggest Money-Draining Issues
    On Tuesday, Rivian Automotive Inc (NASDAQ: RIVN) posted its second quarter results. The Amazon.com Inc (NASDAQ: AMZN)-backed EV maker posted a narrower than expected loss while lifting its production guidance. Rivian shares initially went up nearly 3% after the report, but its stock has soared 80% over the past 90 days as it continues to enjoy growing demand for its electric pickup and sport utility vehicle despite raised borrowing cost. While its EV rivals burn cash to ramp up production and fo  ( 32 min )
    Cash-poor transportation startups gambling for fresh capital
    Moves similar to blackjack tactics describe how cash-poor transportation startups are grasping for new capital. The post Cash-poor transportation startups gambling for fresh capital appeared first on FreightWaves.  ( 35 min )
    Disappointing Earnings Just Trashed These 3 REITs: What Should Investors Do?
    It's always risky for an investor to buy or sell shares of a stock right before an earnings report because nobody can predict with 100% accuracy how a company will perform, nor is it possible to gauge how Wall Street will react to the news. When a company misses the earnings estimate, sometimes it gets shrugged off if the revenue beats the estimates. Other times the earnings may beat the estimates, but the revenue falls short of expectations and that precipitates a sell-off in share price. Anoth  ( 34 min )
    Market Rally On The Ropes, AI Stocks Tumble: Weekly Review
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    Lawsuit claiming HP all-in-one printers are defective can proceed
    Customers in the proposed class action said HP concealed how its printers enter an "error state" when low on ink, disabling scanning and faxing functions that do not require ink, and forcing them to buy unnecessary, high-margin ink cartridges. U.S. District Judge Beth Labson Freeman in a decision on Thursday found sufficient allegations that HP knew about the defect, citing a message board post where a support agent told a customer that his printer "will not function" without ink.  ( 31 min )
    Stocks mixed as fresh inflation data shows more pickup: Stock market news today
    Stocks traded mixed Friday as investors continued to weigh the impact of inflation.  ( 31 min )
    Own a Piece of First Republic History: The Corporate Jet Is for Sale
    For anyone in the market for a corporate jet, federal regulators have just the thing for you. The Federal Deposit Insurance Corp. is selling a “spectacular” corporate jet that can accommodate 13 passengers, complete with leather seatin  ( 23 min )
    Trucking Company Yellow Is Having an Odd Bankruptcy With New Loan Offers Pouring In
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    Chrysler owner calls for focus on reality in UAW labor talks
    (Reuters) -Chrysler parent Stellantis sharply criticized the demands of the United Auto Workers (UAW) union on Friday, saying they need "a focus on reality from everyone involved." Stellantis North America Chief Operating Officer Mark Stewart said in a letter to employees seen by Reuters the automaker is "committed to working with the UAW to reach an agreement based on economic realism." A UAW spokesman declined immediate comment on Stewart's letter, but earlier this week UAW President Shawn Fain called the Stellantis proposals "trash" and tossed a copy of them in a waste basket in live streamed remarks.  ( 31 min )
    Ask an Advisor: I've Heard About the Benefits of a Bond Ladder Strategy. What Are the Downsides?
    A financial advisor told me the pros of building a two-part bond ladder (three-year Treasurys and 10-year corporates) to generate fixed income and cover required minimum distributions (RMDs). What are the cons? -Ken When used in the right circumstances and … Continue reading → The post Ask an Advisor: I've Heard About the Benefits of a Bond Ladder Strategy. What Are the Downsides? appeared first on SmartAsset Blog.  ( 32 min )
    Ask An Advisor: I'm 65, Earning at My ‘Absolute Peak' and Won't Retire Soon. Should I Use My Roth IRA for a $30K Home Improvement Project?
    I am 65 and at the absolute peak of my earnings. I'm also in the 35% tax bracket and am not looking to retire soon. I need $30,000 for a home project. I have enough to take it out of … Continue reading → The post Ask An Advisor: I'm 65, Earning at My ‘Absolute Peak' and Won't Retire Soon. Should I Use My Roth IRA for a $30K Home Improvement Project? appeared first on SmartAsset Blog.  ( 34 min )
    Twilio upgraded, Sealed Air downgraded: Wall Street's top analyst calls
    Twilio upgraded, Sealed Air downgraded: Wall Street's top analyst calls  ( 34 min )
    Stocks slide as fresh inflation data shows more pickup: Stock market news today
    Stock futures traded lower Friday, as investors continued to weigh the impact of inflation.  ( 31 min )
    Strike Fear Is a Reason to Buy Ford, GM Stocks, Not Sell Them
    The Detroit Big Three car companies are in talks with the UAW over a contract deal that would replace one that expires in September.  ( 27 min )
    Tech Pullback Will Be Short-Lived, Analyst Says. AI Will Drive Nvidia, Microsoft, Apple.
    Wedbush analyst Daniel Ives, a longtime tech bull, sticks with his call for a 12% to 15% gain in the Nasdaq, despite a recent dip in performance.  ( 26 min )
    Look Beyond Bud Light’s U.S. Boycott. The Rest of the World Is Buying AB InBev.
    American investors shouldn't be surprised by Anheuser-Busch InBev's strong second quarter. They need to look beyond the U.S. boycott of Bud Light.  ( 26 min )
    Cano Health Stock Dives 49% After Warning About Its Future. It’s Looking for Buyers.
    Citi analysts downgrade the company's shares to Neutral from Buy, citing many challenges for the primary-care provider.  ( 26 min )
    Dow Jones Futures Extend Losses On Hot Inflation Data; 6 Best Stocks To Buy And Watch
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    Stocks slip as fresh inflation data shows more pickup: Stock market news today
    Stock futures traded lower Friday, as investors continued to weigh the impact of inflation.  ( 31 min )
    Cathie Wood Sells Tesla As Musk Vs. Zuckerberg Goes Gladiator
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    Weekly Market Wrap: Can Bitcoin close the week above US$29,300?
    Bitcoin briefly rose above US$30,000 twice this week, but failed to remain the support level despite positive catalysts in the industry like the launch of PayPal’s new stablecoin. Bitcoin will have to close the week above US$29,300 for upward momentum, industry experts told Forkast.  ( 33 min )
    Dow Jones Futures: Inflation Data Due After Market Rebound Fizzles; China Stocks Slide
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    AMC names Copaken to lead the theater chain giant’s marketing
    A #KansasCity executive with a familiar name will lead #AMCTheatres marketing efforts.  ( 10 min )
    Millennials Hit The Jackpot On 10 Stocks — Nvidia Is Just One
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    Technical Assessment: Neutral in the Intermediate-Term
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    Analyst Report: Herbalife Nutrition Ltd
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    Analyst Report: Danaher Corp.
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    Analyst Report: Hershey Company
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    5 Things to Know Before Markets Open
    The latest Producer Price Index tracking wholesale inflation is expected to show prices ticked higher for July, and Google and GM get authority to operate self-driving taxis in San Francisco. Here’s what investors need to know today.  ( 17 min )
    Market Digest: ADTN, DHR, HLF, HSY, WYNN, TWLO
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    Daily – Vickers Top Insider Picks for 08/11/2023
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    Daily – Vickers Top Buyers & Sellers for 08/11/2023
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    Stocks trade muted in wait for fresh inflation data: Stock market news today
    Stock futures wavered around the flatline on Friday, as markets waited for fresh inflation data to provide insight into the Fed's next move.  ( 32 min )
    BYD calls on China automakers to unite, 'demolish the old' in global push
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    Rising oil prices are about to become a problem for the stock market: Morning Brief
    While investors may be cheering a benign report, there are signs that the volatile energy components are inflecting again.  ( 32 min )
    Here’s What a $5 Million Retirement Looks Like in America
    Retirees open up about their financial lives and how they spend their time and money.  ( 23 min )
    Alphabet’s $118 Billion Cash Pile Poses a New Problem
    (Bloomberg) -- Alphabet Inc. is facing a new and, by most accounts, welcome problem — how to spend its rapidly expanding pile of cash. Most Read from BloombergRetirees Face $17,400 Cut to Social Security Benefits in 2033Maui Fires Show Climate Change’s Ugly ReachBiden Fears China Is ‘Ticking Time Bomb' Posing Danger to WorldFirst American City to Tame Inflation Owes Its Success to Affordable HousingEcuador Presidential Candidate Assassinated, Suspect Shot DeadThe Google owner generated nearly $2  ( 33 min )
    Alphabet, GM Get Green Light for Robotaxis in San Francisco. It’s a Big Tech Win in California.
    The California Public Utilities Commission voted to allow GM's Cruise and Google's Waymo to offer paid rides in driverless vehicles across the city at all hours of the day with an unlimited number of vehicles.  ( 26 min )
    Stock Futures Edge Lower as Investors Weigh the Fed’s Next Move
    U.S. stock futures edged lower Friday as investors continued to digest July’s CPI data, while looking ahead to wholesale price inflation data Friday. Dow Jones Industrial Average futures fell 30 points, or 0.1%, S&P 500 futures were down 0.2% and Nasdaq 100 futures declined 0.3%. All three indexes  ( 13 min )
    UBS Sheds Swiss Government Aid for Credit Suisse Takeover
    The Swiss bank says it no longer needs a $10 billion backstop or liquidity lines.  ( 27 min )
    BofA Says Investors Flock to Cash; Treasuries Track Record Flows
    (Bloomberg) -- Investors piled into cash and bonds while pulling money out of the US stock market in recent days, according to Bank of America Corp. strategists.Most Read from BloombergRetirees Face $17,400 Cut to Social Security Benefits in 2033Maui Fires Show Climate Change’s Ugly ReachFirst American City to Tame Inflation Owes Its Success to Affordable HousingBiden Fears China Is ‘Ticking Time Bomb' Posing Danger to WorldEcuador Presidential Candidate Assassinated, Suspect Shot DeadCash funds  ( 31 min )
    European Stocks Drop as China, Fed Talk Sour Mood: Markets Wrap
    (Bloomberg) -- Declines for Chinese technology companies weighed on Asian equities while US futures edged higher and the dollar clung to a Thursday rally.Most Read from BloombergRetirees Face $17,400 Cut to Social Security Benefits in 2033Maui Fires Show Climate Change’s Ugly ReachFirst American City to Tame Inflation Owes Its Success to Affordable HousingEcuador Presidential Candidate Assassinated, Suspect Shot DeadDave Portnoy Paid Just $1 to Buy Barstool Sports BackMainland China and Hong Kon  ( 33 min )
    Matrixport's Bitcoin Greed and Fear Index Indicates Upswing Ahead
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    ChatGPT fever spreads to US workplace, sounding alarm for some
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    The Fed may be done hiking rates but there's another policy move that still poses a big risk to stocks
    "When [Fed] reserves have been declining by more than $38 billion over the past four weeks, stocks have struggled," Ned Davis Research said.  ( 31 min )
    Gold stays near 1-month lows as US dollar, yields hold ground
    (Reuters) -Gold prices held near one-month lows on Friday, shrugging off cooler-than-expected U.S. inflation figures for last month, with bullion staying on course to wrap up its worst week in seven as the U.S. dollar and bond yields stood strong. Spot gold edged 0.1% higher to $1,913.95 per ounce by 0347 GMT, but traded near its lowest level since July 7 touched earlier in the day. Gold gained as much as 0.8% on Thursday after data showed the U.S. consumer price index (CPI) climbed 3.2% on an annual basis, but was less than the Reuters poll forecast of 3.3%, raising bets that the U.S. central bank will unlikely hike interest rates again in 2023.  ( 31 min )
    Down More Than 50%: These 2 ‘Strong Buy’ Stocks Are Too Cheap to Ignore
    Who doesn’t love a bargain? Buying quality for a low price is one of the thrills of the market system – and that applies to stock markets as well. The trick is knowing which rock-bottom stocks are the right ones to buy. Plenty of stocks are priced low, and bargain-hunting investors need to find the ones whose fundamentals are sound. The sheer volume of stocks, and the reams of data they produce, makes that difficult – but Wall Street analysts make their living by taking deep dives behind the sce  ( 34 min )
    Full-time UPS drivers will earn $170,000 a year, on average, in new contract, CEO says
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    Russia says it will halt foreign currency purchases and launch a digital ruble to keep the currency from spiraling further
    Russia's currency has plunged to its lowest level against the dollar since the Ukraine invasion, blowing past the Kremlin's "comfort zone."  ( 31 min )
  • Open

    Global Oil Prices Could Keep Heading Higher, IEA Says
    Global oil prices could keep heading higher, IEA says, though its forecast for slowing demand growth could provide some relief in 2024.  ( 1 min )
    S&P 500 Gains and Losses Today: News Corp Shares Jump on Profit Beat and AI Plans
    U.S. equities were mixed, with the S&P 500 losing 0.1% on Friday, Aug. 11, 2023, after a higher-than-expected rise in producer prices.  ( 1 min )
    Markets Mixed at Midday as Wholesale Inflation Rises More Than Anticipated
    Markets were mixed at midday on Friday, Aug. 11, 2023 after the Labor Department's latest report on wholesale inflation showed producer prices rose more than expected last month.  ( 1 min )
    5 Things to Know Before Markets Open
    The latest Producer Price Index tracking wholesale inflation is expected to show prices ticked higher for July, and Google and GM get authority to operate self-driving taxis in San Francisco. Here’s what investors need to know today.  ( 1 min )
  • Open

    Occidental Petroleum Shares Climb After Winning DOE Grant for Carbon Capture Project
    Shares of Occidental Petroleum advanced after the U.S. Department of Energy chose the energy company to receive hundreds of millions of dollars in grants for a carbon capture project.  ( 1 min )
    Alphabet's Waymo and GM's Cruise Win Approval to Expand Robotaxi Services in San Francisco
    Alphabet's Waymo and General Motor's Cruise received regulatory approval to expand their robotaxi services to offer driverless ride-hailing services 24/7 across San Francisco.  ( 1 min )
    Flying Taxi Maker Archer Settles Boeing Lawsuit, Secures $215M in Funding
    Archer Aviation will team up with Boeing for autonomous flying technology after ending litigation, as the startup prepares to grow with an FAA nod for test flights and another $215 million in funds from investors.  ( 1 min )
    UBS Terminates $10B Government Aid For Credit Suisse Deal
    Swiss megabank UBS has agreed to voluntarily end a $10 billion backstop used to cover potential losses from its merger with Credit Suisse.  ( 1 min )
    Cano Health Warns it May Not Be Able to Stay in Business, Looks for Buyer
    Cano Health shares plummeted to an all-time low after the health care provider for seniors warned it may not be able to continue operations and is looking for a buyer as revenue sank and expenses rose.  ( 1 min )
  • Open

    Schuldzaken tegen Big Bazar nemen toe
    Het aantal schuldzaken tegen discounter Big Bazar neemt toe. Directeur Joost Konings van Invorderingsbedrijf Amsterdam meldt dat er inmiddels tien lopende dossiers in behandeling zijn. De totale vorderingen tegen Big Bazar gaan richting de 430.000 euro.  ( 3 min )
    Na Unilever en Bonduelle ook Bacardi op Oekraïense lijst van oorlogssponsors
    Drankenproducent Bacardi staat op een Oekraïense lijst van zogenoemde oorlogssponsors, waarmee Oekraïners aandacht vragen voor bedrijven die zakendoen in Rusland. Het agentschap achter de lijst stelt dat Bacardi misbruik maakt van het vertrek van concurrenten.  ( 3 min )
    Rusland verdient meer aan olie vanwege hogere prijzen
    Rusland heeft afgelopen maand meer verdiend met de export van olie doordat Moskou de prijzen heeft verhoogd.  ( 3 min )
    Britse economie groeit verrassend, maar blijft achter bij andere landen
    De economie van het Verenigd Koninkrijk is het afgelopen kwartaal onverwachts 0,2 procent gegroeid. Het is de grootste groei in meer dan een jaar.  ( 3 min )
    Britse economie groeit, maar blijft achter bij andere landen
    De economie van het Verenigd Koninkrijk groeide onverwachts 0,2 procent in het afgelopen kwartaal, laat het nationale Britse statistiekbureau weten. Dat is de grootste groei in meer dan een jaar.  ( 3 min )
    Nederlands internetknooppunt verlaagt stroomgebruik datacenter met 85 procent
    Het Nederlandse internetknooppunt AMS IX heeft het stroomverbruik van een van de datacenters met 85 procent weten te verlagen. Voorheen verbruikte de locatie evenveel stroom als 185 huishoudens. Dankzij nieuwe apparatuur is dat nu evenveel als 29 woningen.  ( 3 min )
    Internetknooppunt AMS-IX verlaagt stroomgebruik datacenter met liefst 85 procent
    Het Nederlandse internetknooppunt AMS IX heeft het stroomverbruik van een van de datacenters met 85 procent weten te verlagen. Voorheen verbruikte de locatie evenveel stroom als 185 huishoudens. Dankzij nieuwe apparatuur is dat nu evenveel als 29 woningen.  ( 4 min )
    De Volksbank riskeert boete omdat ze niet genoeg doet tegen witwassen
    De Volksbank, het moederbedrijf van de ASN Bank, RegioBank en SNS, kan een boete van De Nederlandsche Bank verwachten omdat ze niet genoeg doet om witwassen en financiering van terrorisme tegen te gaan.  ( 4 min )
    X (Twitter) zet met videobellen en geld overmaken eerste stap naar allesapp
    Eigenaar Elon Musk wil van Twitter (inmiddels bekend als X) een allesapp gaan maken. Daarom kunnen gebruikers binnenkort videobellen en geld naar elkaar overmaken.  ( 4 min )
    Aantal faillissementen nam in juli weer af na maanden van stijging
    Het aantal faillissementen is in juli afgenomen, nadat het aantal zaken dat over de kop ging in de drie maanden daarvoor alleen maar was gestegen.  ( 3 min )
    De Volksbank krijgt boete omdat ze niet genoeg doet tegen witwassen
    De Volksbank, het moederbedrijf van de ASN Bank, RegioBank en SNS, kan een boete van De Nederlandsche Bank verwachten omdat ze niet genoeg doet om witwassen en financiering van terrorisme tegen te gaan.  ( 3 min )
    Aantal faillissementen neemt in juli weer af
    Het aantal faillissementen is in juli afgenomen, nadat het aantal zaken dat over de kop ging de afgelopen drie maanden alleen maar steeg. Dat meldt statistiekbureau CBS.  ( 3 min )
    NU+ | Magere spaarrente terwijl banken megawinsten boeken? Zo krijg je meer
    Sparen bij grote Nederlandse banken is nog lang geen vetpot. Rentes kruipen omhoog, terwijl die banken megawinsten boeken. Meer rente ontvangen kan, maar daarvoor moet je wel uit je comfortzone stappen.  ( 4 min )
    NU+ | Hogere spaarrente? Zoek het over de grens of zet je geld vast
    Sparen bij grote Nederlandse banken is nog lang geen vetpot. Rentes kruipen omhoog, terwijl die banken megawinsten boeken. Meer rente ontvangen kan, maar daarvoor moet je wel uit je comfortzone stappen.  ( 4 min )
    NU+ | Voor hogere spaarrente moet je het over de grens zoeken of geld vastzetten
    Sparen bij grote Nederlandse banken is nog lang geen vetpot. Rentes kruipen omhoog, terwijl die banken megawinsten boeken. Meer rente ontvangen kan, maar daarvoor moet je wel uit je comfortzone stappen.  ( 4 min )

  • Open

    Cooperation Clause Definition
    The cooperation clause in an insurance contract requires the policyholder to assist the insurer in the event a claim is filed against the policy.  ( 20 min )
    Real Estate Agents Can Help to Find Rental Property
    Real estate agents are a resource when searching for a rental property and may provide negotiating power when signing a lease.  ( 21 min )
    Gary S. Becker Bio
    Gary S. Becker was an American economist who won the 1992 Nobel Prize for his microeconomic analysis of the economic aspects of human decision-making.  ( 19 min )
    6 Tips for Renting an Apartment
    Six tips can help you find the apartment that meets your needs at the best price.  ( 20 min )
    How to Apply for a Parent PLUS Loan in 2023
    Parent PLUS loans allow parents to borrow money to help pay for their children’s education. Here’s everything you need to know to apply.  ( 20 min )
    Supreme Court Will Decide Fate Of Purdue Opioid Crisis Settlement
    The Supreme Court will decide whether the Sackler family, and the pharmaceutical company they own, Purdue Pharma, will be allowed to pay $6 billion to avoid future liability for their role in causing the opioid crisis.  ( 16 min )
    Life Insurance Replacement: Rules, Laws, and Regulations
    When replacing a life insurance policy, a lot can go wrong for the consumer. Find out how life insurance replacements are regulated by the states.  ( 21 min )
    S&P 500 Gains and Losses Today: Disney Leads Gains After Raising Disney+ Prices
    The S&P 500 was little changed with a small gain of 0.03% on Thursday, Aug. 10, 2023 after a report on consumer prices showed inflation rose less than expected last month.  ( 17 min )
    Why Are Streaming Companies Raising Prices?
    Increasing costs, faltering subscriber growth, inflation, and reduced revenue per membership figures all contribute to subscription price hikes.  ( 21 min )
    Consequential Loss: Definition, Insurance, Vs. Direct Loss
    A consequential loss is an insurance term for an income hit caused by a business's inability to use damaged property or equipment as usual.  ( 21 min )
    Global Rice Prices Hit 12-Year High Last Month Following Indian Ban of Rice Exports
    Global rice prices hit a 12-year high in July, the United Nations' Food and Agriculture Organization (FAO) said in a report, which could exacerbate global food insecurity.  ( 18 min )
    Top CD Rates Today: More than 20 Options to Earn 5.50% or Better
    Today's three best CD rates available nationwide are 5.75% from Andrews Federal Credit Union, 5.65% from Dow Credit Union, and 5.60% from Northern Bank Direct.  ( 19 min )
    GM Shares Drop After Warning Battery Issues Are Slowing EV Production, Again
    General Motors shares dipped as the carmaker once again warned that production of its electric vehicle lineup is being slowed by issues assembling updated battery modules.  ( 16 min )
    Ralph Lauren Warns Americans Are Cutting Back on Discretionary Spending
    Shares of Ralph Lauren lost ground after the fashion clothing company warned American consumers are cutting back on discretionary spending.  ( 17 min )
    What Is a Debt Security? Definition, Types, and How to Invest
    A debt security is a debt instrument that has its basic terms, such as its notional amount, interest rate, and maturity date, set out in its contract.  ( 23 min )
    Foreclosure Filings Fell in July From June, as Completed Repossessions Rose
    Maryland, New Jersey, Delaware led the nation in foreclosure filings in July.  ( 18 min )
    A Review of Past Recessions
    Recessions are a persistent downturn in economic activity. Here we look at the causes and effects of major U.S. recessions since the Great Depression.  ( 32 min )
    Producer Prices are the Canary in the Coal Mine for Consumers and the Fed
    The Fed views the Producer Price Index as a forerunner of consumer inflation. Rising prices at the production level are typically passed on to consumers at the retail level on a time lag.  ( 18 min )
    Return on Policyholder Surplus Definition
    Return on policyholder surplus is the ratio of an insurance company’s net income to its policyholder surplus.  ( 19 min )
    Developed to Net Premiums Earned Definition
    Developed to net premiums earned is the ratio of developed premiums to net premiums earned over a given time period.  ( 19 min )
    Your July Grocery List Ranked by Inflation
    Throwing some burgers and hot dogs on the grill in July put a bigger dent in your budget than it did the month before, while prices for some other foods have gone down.  ( 18 min )
    Paying for a New Car Now Costs More Than Ever
    Amid surging prices and higher loan rates, paying for a new car costs more than ever—and owning a home and a new car now eats almost half of the typical American's budget.  ( 20 min )
    Bare Walls Coverage
    Bare walls coverage is a type of insurance coverage that applies to communally used features in residential multi-family buildings.  ( 18 min )
    How to Find a Financial Advisor or Planner at Any Age
    As you age, saving and investing become higher priorities. Read about finding the best financial professional for your current stage in life.  ( 25 min )
    The S.C. Johnson Graduate School of Management: Overview
    The Samuel Curtis Johnson Graduate School of Management is a graduate business school based at Cornell University in Ithaca, New York.  ( 20 min )
    Valuation Clause Definition
    A valuation clause is a provision in an insurance policy specifying the amount the policyholder will receive if a covered hazard event occurs.  ( 23 min )
    Bond Rating Agencies: Overview, Benefits, and Criticisms
    Bond rating agencies are companies that assess the creditworthiness of both debt securities and their issuers. Discover more about them here.  ( 25 min )
    AppLovin Beats Profit, Sales Forecasts on Demand for its Updated AI Engine
    Shares of AppLovin (APP) jumped as the artificial intelligence (AI)-based mobile marketing platform reported better-than-expected results amid soaring demand for all things AI.  ( 16 min )
    Markets Advanced at Midday as Consumer Inflation Rose Less Than Expected
    U.S. equities gained at midday on Thursday, Aug. 10, 2023 after the Labor Department reported consumer prices increased less than expected in July.  ( 16 min )
    Novo Nordisk Boosts Guidance as Sales of Weight-Loss Drug Wegovy Soar
    Novo Nordisk raised its outlook as revenue from its popular weight-loss treatment, Wegovy, skyrocketed.  ( 17 min )
    Bank of America Savings Account Interest Rates: August 2023
    Bank of America offers many personal financial products, including savings accounts. See if Bank of America’s rates are attractive enough for your deposit.  ( 21 min )
    Barclays Savings Account Interest Rates: August 2023
    Barclays offers a competitive APY on its single savings account, which is light on restrictions and fees. Learn more about Barclays Online Savings Account to see if it’s right for you.  ( 20 min )
    Chase Savings Account Interest Rates: August 2023
    Chase Bank offers two savings accounts to its customers with below-average interest rates, but the bank has other financial services worth considering.  ( 19 min )
    Bernie Sanders' Economic Plan: A Second Bill of Rights
    Bernie Sanders did not become the Democratic presidential nominee for 2020, but his economic plan still raises many important points and addresses ongoing issues.  ( 32 min )
    Disney+ Raises Subscription Prices After Losing Millions of Subscribers
    Ad-free Disney+ subscription price to increase roughly 27% to $14 a month, following the company's loss of millions of streaming subscribers.  ( 17 min )
    Coach Owner Tapestry Buys Versace Owner Capri Holdings for $8.5 Billion
    Capri's shares rose in premarket trading on Thursday as fashion conglomerate Tapestry announced a $8.5 billion acquisition deal that will bring six luxury brands under one company.  ( 17 min )
    Rent-to-Own Car: How the Process Works
    Rent-to-own policies can help you afford a car if you have poor or no credit. Learn how the process works, how your credit plays a role, and about other options.  ( 24 min )
    Biotech Company Amyris Files for Bankruptcy
    Synthetic biotechnology company Amyris filed for Chapter 11 bankruptcy protection as it restructures, leading its share price to drop more than 70% in early trading Thursday.  ( 16 min )
    Mortgage Rates Inch Up, Halting Three-Day Slide
    Rates on 30-year mortgages climbed slightly, ending a three-day slide that had lowered the average almost a quarter percentage point. All other averages were up or held steady.  ( 20 min )
    Inflation Cooled In July, Despite Uptick In Year-Over-Year Rate to 3.2%
    Inflation is continuing to cool down, though you might not think it from the 12-month inflation rate.  ( 18 min )
    Almost Every Mortgage Average Drops for a Third Day
    Rates on 30-year mortgages have sunk almost a quarter percentage point over the past three days, with the averages on almost every other loan type dropping as well.  ( 21 min )
    Contempt of Court: Definition, Essential Elements, and Example
    Contempt of court is an act of disrespect or disobedience toward a court or interference with its orderly process.  ( 23 min )
    GRE vs. GMAT: What's the Difference?
    In prior years, those applying to an MBA program had to take the GMAT exam. Today, a growing number of universities accept the GRE as well.  ( 25 min )
    Money Market Account vs. Money Market Fund: What’s the Difference?
    Money market accounts have some similarities and differences when compared with money market funds. Learn more about how the two accounts compare.  ( 25 min )
    Currency Trading Platform Defintion
    A currency or forex trading platform is a type of trading platform used to help currency traders with forex trading analysis and trade execution.  ( 22 min )
    Attending College in Europe or Abroad
    When deciding whether to get a degree abroad, research and talk to alumni who have completed the same program.  ( 21 min )
    Bayes' Theorem: What It Is, Formula, and Examples
    Bayes' theorem is a mathematical formula for determining conditional probability of an event. Learn how to calculate Bayes' theorem and see examples.  ( 26 min )
    Alibaba Grows Income from Operations by 70%, Pushing Stock Higher
    Alibaba Group Holdings Ltd. delivered serious gains in the quarter ended June 30, with income from operations up 70% year-over-year, sending its stock up nearly 7% this morning.  ( 17 min )
    The Consolidated Appropriations Act of 2021: What's in It, What's Not
    This $900 billion COVID-19 stimulus bill included $600 direct individual payments, $300/week unemployment benefits, and more. See how it compares to other legislation.  ( 28 min )
    Disney's Subscriber Woes, Restructuring Costs Weigh Heavy Amid Mixed Earnings
    Walt Disney and Co. lost about 12 million Disney+ streaming subscribers, took a big hit due to restructuring costs, and missed revenue projections, but its third-quarter earnings per share beat analysts' expectations.  ( 19 min )
    5 Things to Know Before Markets Open
    Inflation is expected to move higher in July and Disney shares are rising after it announced it would lift prices for its streaming services. Here’s what investors need to know today.  ( 18 min )
    Manhattan, Queens, Brooklyn Rents Rose to Records in July
    With home prices and borrowing costs increasingly out of reach, the ranks of renters continues to grow in NYC, the country's biggest rental city.  ( 18 min )
    Consumer Discretionary Sector: Industries Snapshot
    Discover the consumer discretionary sector, industries within this sector and companies producing goods that fall under the consumer discretionary definition.  ( 21 min )
    What Causes a Recession?
    A recession, or a decline in economic activity lasting several months, is usually caused by events such as a financial crisis or supply chain disruption. Learn more.  ( 27 min )
    Find Your Niche Financial Advisory Market
    Improve your financial advisory business by building a client base of people who share similar priorities, values, and long-term goals.  ( 22 min )
    Unauthorized Insurer Definition
    The term “unauthorized insurer” refers to a fraudulent business that is posing as a legitimate insurance company.  ( 18 min )
    The Law of Supply Explained, With the Curve, Types, and Examples
    The law of supply in economics states that as the price of a good or service increases, the quantity of goods or services increases and vice versa. Learn more.  ( 26 min )
    Carmack Amendment: What it is, How it Works
    The Carmack Amendment amends the Interstate Commerce Act of 1877 and limits the liabilities of carriers to loss or damage of the property itself.  ( 19 min )
    Should You Head Back to Business School?
    Business school can have a lasting impact on your career, but is an MBA right for you? Learn what to consider before deciding to go back to school.  ( 23 min )
    Who Is Kenneth I. Chenault? Who Is the CEO for American Express?
    Kenneth I. Chenault is a former chair and CEO of American Express  ( 21 min )
    Insurance, Excess Insurance, and Reinsurance
    Understanding the differences between insurance, excess insurance, and reinsurance might help you avoid being overinsured or underinsured.  ( 21 min )
    What Is an Affidavit of Title? Definition, Purposes, Contents
    An affidavit of title is a document provided by the seller of real estate showing the status of the property, including ownership and legal issues.  ( 23 min )
  • Open

    Why Are Streaming Companies Raising Prices?
    Increasing costs, faltering subscriber growth, inflation, and reduced revenue per membership figures all contribute to subscription price hikes.  ( 1 min )
    Biotech Company Amyris Files for Bankruptcy
    Synthetic biotechnology company Amyris filed for Chapter 11 bankruptcy protection as it restructures, leading its share price to drop more than 70% in early trading Thursday.  ( 1 min )
    Disney+ Raises Subscription Prices After Losing Millions of Subscribers
    Ad-free Disney+ subscription price to increase roughly 27% to $14 a month, following the company's loss of millions of streaming subscribers.  ( 1 min )
    GM Shares Drop After Warning Battery Issues Are Slowing EV Production, Again
    General Motors shares dipped as the carmaker once again warned that production of its electric vehicle lineup is being slowed by issues assembling updated battery modules.  ( 1 min )
    Coach Owner Tapestry Buys Versace Owner Capri Holdings for $8.5 Billion
    Capri's shares rose in premarket trading on Thursday as fashion conglomerate Tapestry announced a $8.5 billion acquisition deal that will bring six luxury brands under one company.  ( 1 min )
    Supreme Court Says Apple Can Keep Its Store Payment Rules, For Now
    The Supreme Court dealt a setback to video game publisher Epic in its battle against Apple over how the iPhone giant treats developers that sell programs on the App store.  ( 1 min )
    Rivian Reduces Per-Unit Losses on the Road to Profitability
    Electric vehicle (EV) maker Rivian Automotive keeps losing money on every vehicle it makes, but losses have narrowed and the company expects profitability by the end of 2024.  ( 1 min )
  • Open

    Lidar Is Coming of Age. Investors Can Begin to Compare the Companies.
    "There's no rule that everybody has to win," the CEO of Ouster said as the company reported its second-quarter results.  ( 26 min )
    Tapestry stock dives while Capri skyrockets as investors question mega merger
    The latest luxury fashion M&A deal drew a mixed response from pros on Wall Street and in the industry.  ( 33 min )
    Ford, GM Stocks Tank. It Has to Do With Car Prices.
    New- and used-car prices fell in July, easing some pain for U.S. consumers. Yet prices for insurance, repair, and other services continued to march higher.  ( 26 min )
    Dow Jones Closes Near Session Low; Cathie Wood Loads Up On This Stock Despite 23% Plunge
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    US 30-Year Treasury Auction Signals Weak Demand to Wrap Up Week of Big Sales
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    Top CD Rates Today: More than 20 Options to Earn 5.50% or Better
    Today's three best CD rates available nationwide are 5.75% from Andrews Federal Credit Union, 5.65% from Dow Credit Union, and 5.60% from Northern Bank Direct.  ( 20 min )
    Brace for stocks and home prices to drop — and the US economy's 'trampoline landing' to end next year, strategist warns
    StoneX's Vincent Deluard sees investors swapping stocks for bonds, reluctant sellers eventually listing their homes, and the economic rebound fading.  ( 31 min )
    Meta spends $14 million on Mark Zuckerberg’s security, and Tesla is ‘highly dependent’ on Elon Musk—but no one can actually stop them from maiming each other in a cage
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    GM Shares Drop After Warning Battery Issues Are Slowing EV Production, Again
    General Motors shares dipped as the carmaker once again warned that production of its electric vehicle lineup is being slowed by issues assembling updated battery modules.  ( 16 min )
    Stocks close higher after inflation data, Disney pops: Stock market news today
    Stocks rose Thursday as the July US inflation report showed prices increased more than in June.  ( 32 min )
    Many workers facing a layoff would accept a 25% pay cut to keep their jobs—but 97% of bosses don’t even ask. Even the researchers are stumped why
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    How To Invest: Nvidia, Tesla Reveal 3-Step Routine For Bull And Bear Markets
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    Guggenheim CIO Says Credit Market Is ‘Next Shoe to Drop’
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    Yellow employees getting paid a day late; $92.9M in vacation time in limbo
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    General Electric Stock Could Continue Higher
    GE pulled back to a historically bullish trendline on the charts  ( 31 min )
    UPS drivers to make $170,000 in pay and benefits following union win
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    ‘Don’t be fooled’ by the uptick in inflation, economist says. Prices are falling, and the Fed now has the ammo to pause its rate hikes
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    Dow inches up as inflation trends stay positive: Stock market news today
    Stocks rose Thursday as the July US inflation report showed prices increased more than in June.  ( 32 min )
    China's heading for another real estate crisis — but it's on a whole different scale than what it's seen before
    China's property sector is teetering on another Evergrande moment, as a developer with almost $200 billion of debt is in deep trouble.  ( 34 min )
    Forward Air merges with Omni Logistics, will target expedited LTL
    Forward Air announced Thursday it will merge with asset-light logistics peer Omni Logistics. The post Forward Air merges with Omni Logistics, will target expedited LTL appeared first on FreightWaves.  ( 33 min )
    Tesla Stock Is Up. X CEO Linda Yaccarino Is Helping.
    Linda Yaccarino, CEO of the former Twitter, says she has the authority to run Elon Musk's social-media company. Investors see Musk spending more time and attention to Tesla.  ( 26 min )
    Analyst Report: Avalonbay Communities Inc.
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    Market Update: AVB, BP
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    WeWork Stock Rockets Higher
    Shares of WeWork, the distressed co-working space provider, soared 67% in recent trading. It's not the first time this month shares of a troubled company are soaring for no obvious reason. Companies from Tupperware to Yellow have jumped out of the blue in recent weeks. In case you missed the memo—  ( 21 min )
    Is Rivian Stock A Buy Or A Sell With This Tesla Bull Saying It's A 'Core EV Player'?
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    Amazon scraps several private label clothing brands - source
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    ‘Load Up,’ Says J.P. Morgan About These 2 ‘Strong Buy’ Stocks
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    Gen Z and millennials are outpacing older generations in 401(k) contributions because they’re so worried they’ll never be able to retire
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    Verizon signs technology deal with HCLTech
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    Baby Boomers Are Hitting Peak 65. What It Means For Retirement Planning.
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    Biotech Company Amyris Files for Bankruptcy
    Synthetic biotechnology company Amyris filed for Chapter 11 bankruptcy protection as it restructures, leading its share price to drop more than 70% in early trading Thursday.  ( 18 min )
    Warren Buffett Transformed His Neighbor's Life Savings Of $67,000 Into $400 Million
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    Campbell Soup CEO vows he won’t change Rao’s recipe after $2.7 billion acquisition
    Campbell Soup CEO Mark Clouse addresses one big social media concern about his $2.7 billion deal for pasta sauce maker Rao's.  ( 32 min )
    Offshore Drilling Firm With 750% Growth Pumps Up A Breakout
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    Alibaba Grows Income from Operations by 70%, Pushing Stock Higher
    Alibaba Group Holdings Ltd. delivered serious gains in the quarter ended June 30, with income from operations up 70% year-over-year, sending its stock up nearly 7% this morning.  ( 17 min )
    Why PayPal's stablecoin launch is getting lots of attention
    PayPal's stablecoin stands out because it's not just "more crypto for crypto," one expert wrote in CoinDesk.  ( 12 min )
    As DKNG Stock Tumbles, Consider This Bearish Option Strategy
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    US inflation rises for first time in 13 months - latest updates
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    Dow Jones Futures Rally 250 Points After Cool CPI Inflation Data; Disney Rises On Price Hikes
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    Inflation: Consumer prices rise 3.2% in July as inflation slowdown stalls
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    13 Tempting Bond Funds Pay Even More Than 7% CDs
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    The head of one of the biggest property developers in China was once Asia's richest woman. But her wealth has plunged by 84% since mid-2021 — and now her company's teetering on the brink of a crisis.
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    Virgin Galactic Goes to the Edge of Space Today. Watch It Here.
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    Daily Spotlight: Insiders Wobble, but They Don't Fall Down
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    Daily – Vickers Top Insider Picks for 08/10/2023
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    Alibaba beats quarterly revenue estimates
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    Disney Stock Is Rising. Potential Spinoffs Are in the Spotlight.
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    India central bank to withdraw 1 trln rupees via incremental CRR
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    Big US banks are reportedly trying to dump commercial real estate loans - but buyers are scarce as pressures mount for property markets
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  • Open

    S&P 500 Gains and Losses Today: Disney Leads Gains After Raising Disney+ Prices
    The S&P 500 was little changed with a small gain of 0.03% on Thursday, Aug. 10, 2023 after a report on consumer prices showed inflation rose less than expected last month.  ( 1 min )
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    5 Things to Know Before Markets Open
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  • Open

    Rabobank-klanten konden niet bij hun rekening vanwege storing
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    Chinezen kunnen weer op groepsreis naar Zaanse Schans en Van Gogh Museum
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    Rabobank-klanten kunnen niet bij hun rekening vanwege storing
    Een storing bij Rabobank zorgt ervoor dat klanten op dit moment hun geldzaken niet kunnen regelen. De problemen doen zich voor op de website en in de app van Rabobank.  ( 3 min )
    NS blijft verlies lijden doordat treinen leger zijn dan voor corona
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    Duikvlucht Russische roebel even voorbij na ingreep centrale bank
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    Omwonenden Tata Steel gaan in hoger beroep in zaak om schonere lucht
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    Ook streamingdienst Disney+ gaat het delen van wachtwoorden aanpakken
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    Klanten HelloFresh bezuinigen op maaltijdboxen vanwege hoge inflatie
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    Na ING en ABN AMRO verdubbelt ook Rabobank winst door hogere rente
    Rabobank heeft in de eerste helft van 2023 zijn nettowinst bijna verdubbeld. De bank maakte 2,5 miljard euro winst, tegen 1,3 miljard euro in dezelfde periode vorig jaar. Dat kwam vooral door een grote stijging van de rente-inkomsten.  ( 4 min )
    Na ING en ABN AMRO verdubbelt ook bij Rabobank winst door hogere rente
    Rabobank heeft in de eerste helft van 2023 z'n nettowinst bijna verdubbeld. Vooral door een grote stijging van de rente-inkomsten maakte Rabobank 2,5 miljard euro winst, tegen 1,3 miljard euro in dezelfde periode vorig jaar.  ( 4 min )
    Industrie in mineur nu productie al zes maanden op rij krimpt
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    Omwonenden Tata Steel gaan in hoger beroep over uitstootregels provincie
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    NU+ | Russische ddos-aanvallen op websites zijn vandalisme, geen cyberoorlog
    Pro-Russische hackersgroepen hebben deze week meerdere Nederlandse websites platgelegd. Dat is een vergeldingsactie voor de steun van ons land aan Oekraïne. Maar we zijn nog niet in een cyberoorlog beland, stelt een expert gerust.  ( 3 min )

  • Open

    Will Getting a Student Loan Deferral Hurt My Credit Score?
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    What Are Alternatives to an MBA?
    Graduate business school costs time and money, and there are career-enhancing alternatives.  ( 20 min )
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    Capitalism vs. Socialism: What's the Difference?
    Capitalism promotes free market conditions, whereas socialism incorporates certain elements of centralized economic planning. Read more to learn the differences between capitalism and socialism.  ( 34 min )
    Investing In Crisis: A High Risk-High Reward Strategy
    The financial crisis of 2008 and the great recession that followed is still fresh in the memories of many investors.  ( 22 min )
    Questrom School of Business Definition
    The Questrom School of Business is the business school located at Boston University. It was previously known as the Boston University School of Management.  ( 23 min )
    Free Credit Score: Is It Really Free?
    Be careful of websites making bogus offers of free credit scores. If a site asks for credit card information, you’ll most likely end up being charged.  ( 22 min )
    Top CDs Today: Leading Rate Holds at 5.75%, But Now With a Single Option
    Today's three best CD rates available nationwide are 5.75% from Andrews Federal Credit Union, 5.65% from Dow Credit Union, and 5.60% from Northern Bank Direct.  ( 20 min )
    Supreme Court Says Apple Can Keep Its Store Payment Rules, For Now
    The Supreme Court dealt a setback to video game publisher Epic in its battle against Apple over how the iPhone giant treats developers that sell programs on the App store.  ( 17 min )
    How the My Best Buy Credit Card Works: Benefits and Rewards
    Best Buy credit card offers promotional financing and cash-back rewards to incentivize higher spending.  ( 24 min )
    UCLA Anderson School of Management: Overview
    UCLA Anderson School of Management is the University of California's graduate business school and one of the highest-ranked MBA programs in the United States.  ( 20 min )
    White House to Award $20 Million for AI Cybersecurity Tools
    DARPA will award up to $20 million in prize money to companies that use AI to develop stronger cybersecurity tools, with Google, Microsoft and OpenAI collaborating.  ( 17 min )
    State Farm CD Rates: August 2023
    CDs can be a great way to get a fixed guaranteed return on your investment. See if State Farm’s CDs—offered through U.S. Bank—make sense for you and your money.  ( 23 min )
    Waiting for Lower Mortgage Rates? Earn 5% on Your Down Payment While You Wait
    You can put your down payment savings to work earning as much as 5.75% APY until it's time to buy. Here are three risk-free ways to do so.  ( 17 min )
    Bracketed Sell Order: What it Means, How it Works
    Bracketed sell order is a short sell order that is accompanied by a conditional buy order above and a buy limit order below the initial sell order.  ( 18 min )
    S&P Gains and Losses Today: Index Falls as Tech Stocks Lose Ground
    The S&P 500 dipped 0.7% on Wednesday, Aug. 9, 2023 as tech stocks fell ahead of Thursday's key consumer inflation report.  ( 16 min )
    Conservative Groups’ Lawsuit Could Stop Student Loan Relief Even if It Loses
    A lawsuit by conservative advocacy groups could defeat President Joe Biden’s latest plan to forgive student loan debt even if it doesn’t ultimately win in court.  ( 19 min )
    Should I Go to Grad School After College?
    Going to graduate school right after college keeps your education momentum going, but sometimes it pays to wait. Here's how to decide.  ( 21 min )
    Be a One-Stop Shop for Your Clients
    Offering a comprehensive suite of financial services can bring in business, but coordination and customization are key to success and customer retention.  ( 20 min )
    Sony ADRs Slide as Strikes by Actors and Writers Drag on Revenue
    ADRs of Sony tumbled after the entertainment giant warned that strikes by TV and movie actors and writers will drag down current quarter revenue.  ( 18 min )
    Strong US Sales Boost Honda's Operating Profit, Sending ADRs Higher
    ADRs of Honda advanced as the carmaker reported a big increase in U.S. sales and announced a stock split.  ( 16 min )
    Sony Shares Slide as Strikes by Actors and Writers Drag on Revenue
    ADRs of Sony tumbled after the entertainment giant warned that strikes by TV and movie actors and writers will drag down current quarter revenue.  ( 17 min )
    Google AI And American Airlines Tested Ways To Reduce Climate Impact Of Flights
    Google AI-powered flight routes reduced global warming inducing contrails—white lines in the sky left behind by planes-without materially increasing fuel consumption.  ( 17 min )
    Robo-Advisor vs. Financial Advisor
    Robo-advisors are less expensive but a financial advisor will provide more personalized service.  ( 25 min )
    Default: What It Means, What Happens When You Default, Examples
    A default happens when a borrower fails to make required payments on a debt, whether of interest or principal. Find out what the consequences of default are.  ( 28 min )
    Jobs Growth: Overview, Applications, FAQ
    Jobs growth is a measure of how many nonfarm jobs the U.S. economy added in the prior month as estimated by the U.S. Bureau of Labor Statistics (BLS).  ( 21 min )
    What is the Sustainability Accounting Standards Board?
    The Sustainability Accounting Standards Board (SASB) developed standards for companies to report sustainability issues that could affect their value.  ( 22 min )
    De-Dollarization: What Is It and Is It Happening?
    A decline in the dollar’s share of allocated foreign exchange reserves has fueled talk of de-dollarization, which involves reducing reliance on the U.S. dollar as a reserve currency.  ( 22 min )
    Rivian Reduces Per-Unit Losses on the Road to Profitability
    Electric vehicle (EV) maker Rivian Automotive keeps losing money on every vehicle it makes, but losses have narrowed and the company expects profitability by the end of 2024.  ( 17 min )
    Data Analytics: What It Is, How It's Used, and 4 Basic Techniques
    Data analytics is the science of analyzing raw data in order to make conclusions about that information. It helps businesses perform more efficiently and maximize profit.  ( 24 min )
    What You Need to Know About the Employment Report
    The Bureau of Labor Statistics' employment report is a widely watched indicator of economic well-being that directly influences the market.  ( 26 min )
    The National Association of College and University Business Officers (NACUBO) Definition
    The National Association of College and University Business Officers (NACUBO) is a membership organization focused on the educational sector.  ( 22 min )
    What Is the Unemployment Rate? Rates by State
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    Mortgage Demand Falls as US Credit Downgrade, Treasury Yields Push Rates Higher
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    Markets Fall at Midday as Tech Stocks Sink
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    How to Get a Credit Union Personal Loan in 2023
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    GDP Per Capita Defined: Uses and Highest Per Country
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    Marginal Benefit vs. Marginal Cost: What's the Difference?
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    Why Would Amazon Be An Anchor Investor In Arm's IPO? The Answer’s In The Cloud.
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    The Twin Deficits of the U.S.
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    About 80% of Americans Think It’s A Bad Time To Buy A Home
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    Is Inflation Tamed? Thursday's Inflation Numbers Will Give the Fed New Clues
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  • Open

    Helium Wars: Why Are Tech Giants Fighting Over This Rare Gas?
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    Proterra won’t fight Nasdaq delisting following bankruptcy filing
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    This week's inflation report will spark a big rally in the stock market, Fundstrat says
    "Equities seem oversold as well. So, we think the probability for stocks to rally strongly after CPI is very high," Fundstrat's Tom Lee said.  ( 31 min )
    Kenvue Will be Added to S&P 500 After J&J Exchange Offer
    The Johnson & Johnson spinoff is the consumer health company that makes Listerine and Tylenol.  ( 26 min )
    Disney raises streaming prices as CEO Bob Iger warns of password sharing crackdown
    Disney said Wednesday it will raise the price of its streaming services Disney+ and Hulu for the second time this year.  ( 32 min )
    Kellogg's 'woke' workplace diversity programs are illegal, group claims
    A conservative legal group on Wednesday urged a U.S. anti-discrimination agency to investigate Kellogg Co over workplace diversity policies that it says are unlawful, and accused the cereal maker of sexualizing its products. This is the second complaint filed this week against a company by America First Legal, a nonprofit run by Stephen Miller, who was an adviser to former President Donald Trump. America First in a letter to the U.S. Equal Employment Opportunity Commission (EEOC) said Kellogg's hiring, training and promotion practices are designed to achieve a balance based on race and sex that violates the federal law banning workplace bias.  ( 31 min )
    Disney to Significantly Raise Prices of Disney+, Hulu Streaming Services
    The entertainment giant’s is raising the cost of the ad-free versions of Disney+ and Hulu by more than 20% each.  ( 26 min )
    Dow Jones Futures: Nasdaq, Nvidia Break Key Support As AI Stocks Sell Off; What To Do Now
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    Nvidia Stock Broke Its ’50-Day Moving Average.’ Here’s Where It Could Go Next.
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    SEC Will Appeal XRP Ruling in Case Against Ripple, Regulator Says
    The U.S. Securities and Exchange Commission (SEC) said it would file an "interlocutory appeal" of a judge's ruling on Ripple's programmatic sales of XRP, the regulator said in a court filing Wednesday.  ( 31 min )
    Biden-Backed Bus Maker Got Millions in Aid Before Bankruptcy
    (Bloomberg) -- Proterra Inc., the electric bus maker touted by President Joe Biden that filed for bankruptcy this week, was the recipient of millions of dollars in US Covid-relief government aid. Most Read from BloombergEcuador Presidential Candidate Assassinated, Suspect Shot DeadRetirees Face $17,400 Cut to Social Security Benefits in 2033First American City to Tame Inflation Owes Its Success to Affordable HousingEveryone Wants to Work at UPS After Teamsters DealOnce Asia's Richest Woman, Chin  ( 32 min )
    Illumina Stock Crumbles As Earnings Guidance Completely Misses Forecasts
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    China's internet giants order $5 billion of Nvidia chips to power AI ambitions -FT
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    Disney+ subscribers decline as company's streaming loss narrows
    Disney reported earnings after the bell on Wednesday. Here's what to know.  ( 33 min )
    Disney+ subscribers decline as company's streaming loss narrows
    Disney reported earnings after the bell on Wednesday. Here's what to know.  ( 33 min )
    Disney earnings beat estimates but stock drops on subscriber miss
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    Stocks skid for second day, Nasdaq leads way down: Stock market news today
    Stocks were down, failing to shake off losses driven by banking-sector worries as attention shifted to a key US inflation report.  ( 31 min )
    Tesla's 'Master of Coin' bids the EV-maker farewell after racking up a $590 million fortune
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    Roblox Stock Crashes 23% On Q2 Earnings; Is RBLX Stock A Buy Right Now?
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    From $47 billion to $270 million—WeWork, the Adam Neumann brainchild, keeps crashing after a ‘going concern’ warning
    "Flexible workspaces have a future in the office ecosystem, but WeWork, in its current state, may not," BTIG analysts wrote Wednesday.  ( 33 min )
    CPI preview: Inflation expected to have ticked slightly higher last month
    July CPI is a key factor in the Federal Reserve's decision on whether to hike interest rates next month.  ( 31 min )
    John Schnatter case will go to trial
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    AI Lender Upstart’s 445% Rally Fades After Outlook Dampens Frenzy
    (Bloomberg) -- Upstart Holdings Inc.’s breakneck rally is losing momentum after the lending platform that uses artificial intelligence provided a disappointing outlook.Most Read from BloombergEveryone Wants to Work at UPS After Teamsters DealFirst American City to Tame Inflation Owes Its Success to Affordable HousingTycoon Who Gave Away $750 Million Sees Profit in Loans to PoorWeWork Tumbles After Raising ‘Substantial Doubt’ About FutureNasdaq 100 Drops 1% in Run-Up to Key CPI Report: Markets Wr  ( 31 min )
    Verizon to raise prices again
    Customers on the legacy Mix and Match plans will have to pay $3 more for single lines and $5 more for multiple lines, finance chief Tony Skiadas said at an investor conference on Wednesday. Last month, Bloomberg reported that Verizon was raising the monthly price on its wireless home internet offering by $10.  ( 31 min )
    Analyst Report: Cognizant Tech Solus Corp
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    Roblox Shares Tumble After Reporting a Wider Loss as Expenses Grew
    Roblox shares tumbled after the online gaming platform’s second-quarter loss per share widened because of increased costs.  ( 17 min )
    WeWork stock plunges after company raises 'substantial doubt' about its future
    WeWork warned investors that there is "substantial doubt" it can stay in business, marking a new twist in the troubled company's staggering rise, fall, rebirth and potential imminent collapse.  ( 32 min )
    Palantir Stock Tumbles. Where It Could Be Headed Next.
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    Alibaba Reports Earnings Thursday. Don’t Be Fooled by Good News.
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    Russia abandons budget rule in effort to save tanking rouble
    Russia effectively abandoned its budget rule on Wednesday as the central bank said it would stop conducting finance ministry foreign currency purchases from Aug. 10 until the end of the year to try and prevent the rouble from plumbing new depths. The rouble pared losses on the news. Earlier on Wednesday it sank to its lowest for more than 16 months, past 98 to the dollar, hampered by strong demand for foreign currency and a lack of supply, with a shrinking trade surplus and widening budget deficit also hurting sentiment.  ( 30 min )
    U.S. judge greenlights Nio investor class action over factory claims
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    U.S. mortgage rates spike to highest since November, approach 22-year high
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    Apple Stock Is Falling Again. Where It Might Be Headed Next.
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    Mirati Rockets 31% On A Bevy Of News In Cancer, A $300 Million Deal And Its CEO Exit
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    GM still struggling to build EVs, sees margin growth ahead for Cruise-CFO
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    Jim Cramer Says He's 'Not Concerned' With The Recent Debt Downgrade From Fitch Ratings — But He Still Wants Investors To Curb Their Bullishness. Here's Why
    Fitch Ratings recently downgraded the United States' long-term foreign-currency issuer default rating from its highest AAA rating to AA+, and stocks fell on the news. But CNBC's Jim Cramer appears unfazed by the decision. "I'm not concerned about the Fitch downgrade," the "Mad Money" host said. "I am concerned that too many people remain too sanguine at the moment because that's not what we want to see. When you get too many bulls, it tends to eventually cause a nasty sell-off — so maybe some fe  ( 33 min )
    Government Spending Will Propel the S&P 500 Higher, Says Kevin O’Leary — Here Are 3 ‘Strong Buy’ Stocks to Bet on It
    The S&P 500 has notched some very respectable returns this year, but there’s reason to believe it is only the beginning of a sustained multiyear rally. At least, that is the opinion of ‘Shark Tank’ star Kevin O’Leary, who believes that while various sectors of the US economy will be dealing with a series of difficulties, the S&P 500 is poised to ride the momentum of increased government expenditure in the upcoming years. O’Leary anticipates that the CHIPS and Science Act along with the Inflation  ( 35 min )
    Why Apple stock is on the brink of a 10% correction
    The bears haven taken a bite out of Apple in August.  ( 32 min )
    GBP/USD Forecast – British Pound Continues to See Support
    The British pound continues to show strength in the form of support.  ( 32 min )
    CELH Stock Guzzles Big Gains After Drink Maker Trounces Views
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    Penn Wins in ESPN Betting Deal. Why DraftKings Stock Is Dropping.
    Shares in sports gambling names have fallen in the wake of Penn's $2 billion deal for ESPN rights.  ( 27 min )
    Disney set to report earnings as ESPN strikes sports betting deal
    Disney will report earnings after the bell on Wednesday. Here's what to know.  ( 33 min )
    Doximity Stock Plunges After Cut to Forecast. Analysts Are Concerned.
    The online platform for medical professionals said pharmaceutical companies are slowing down in shifting to handling information digitally.  ( 26 min )
    Roblox Plunges by Most in 9 Months as Daily Users Drop Off
    (Bloomberg) -- Roblox Corp. plunged by the most in nine months after reporting that people were spending less time playing its games in the second quarter and missing Wall Street’s estimates.Most Read from BloombergEveryone Wants to Work at UPS After Teamsters DealWeWork Tumbles After Raising ‘Substantial Doubt’ About FutureTycoon Who Gave Away $750 Million Sees Profit in Loans to PoorTesla CFO Kirkhorn Exits With $590 Million FortuneWall Street WhatsApp, Texting Fines Exceed $2.5 BillionRoblox  ( 31 min )
    Wheels Up flags inability to continue operations, shares tank
    The company, which charters planes by the hour, has made a slew of restructuring measures this year, including job cuts and management changes. Delta said in a statement that it was providing a short-term capital infusion in the form of a secured promissory note as Wheels Up pursues strategic partnerships.  ( 31 min )
    Roblox Stock Drops. Blame The Wider Loss.
    The company posts a second-quarter net loss of 46 cents a share. A year ago, it posted a loss of 30 cents.  ( 26 min )
    Cash-strapped Americans are being forced to dip into their 401(k) retirement plan to make ends meet
    Bank of America said more people had been taking hardship distributions from their retirement plans in recent months in a sign consumers may be running out of savings to propel economic growth.  ( 32 min )
    I'm High-Net-Worth & Approaching Retirement. How Can I Make Sure I'm Ready For the Transition?
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    Reports: Arm lines up Amazon, Apple, Nvidia, others as investors as it prepares to go public
    Arm plans to raise around $10 billion in its IPO.  ( 11 min )
    How Much Retirement Will a $250,000 Annuity Buy Me?
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    Why Rich Couples Are Cashing in On This Life Insurance
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    The CPI Inflation Rate Is Expected To Rise In July. Why The Federal Reserve Won't Care.
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    TUI Returns to Profit, Eyes Shifts From Extreme Weather
    TUI is acutely aware that its holiday package tours could be prone to seasonality shifts, as the group has just had to deal with the impact of severe weather warnings and wildfires. Despite all this and rising prices, travel demand from its main markets remains strong.  ( 32 min )
    Carvana Boosts Profit Forecast as Turnaround Gains Momentum
    (Bloomberg) -- Carvana Co. raised its profit outlook as the used-car retailer said the momentum it saw from an early-year turnaround is carrying into the third quarter.Most Read from BloombergEveryone Wants to Work at UPS After Teamsters DealWeWork Tumbles After Raising ‘Substantial Doubt’ About FutureTycoon Who Gave Away $750 Million Sees Profit in Loans to PoorTesla CFO Kirkhorn Exits With $590 Million FortuneWall Street WhatsApp, Texting Fines Exceed $2.5 BillionAdjusted earnings before inter  ( 31 min )
    It’s Disney Earnings Day. The Kingdom’s Magic Is Missing.
    Wall Street has many worries, including softer demand for Disney+ and weak performance at the box office.  ( 26 min )
    Twilio Boosts Guidance. Why This Analyst Is Optimistic on Revenue and Profitability.
    The software company lifted its adjusted operating income guidance for the year.  ( 26 min )
    Rivian Earnings Impressed. Wall Street Is Lifting Stock Price Targets.
    Tuesday evening, electric-vehicle start-up Rivian reported strong second-quarter numbers, and increased production guidance. Analysts and investors are happy.  ( 26 min )
    Luminar’s Sales Growth Is Set to Accelerate. The Self-Driving Car Stock Is Rising.
    Lidar maker Luminar Technologies reports second-quarter results in line with Wall Street expectations and maintains full-year financial guidance.  ( 26 min )
    5 Things to Know Before Markets Open
    Shares of Penn Entertainment surged after it struck a branding deal with ESPN and shares of online loan provider Upstart dove after its lower-than-expected quarterly revenue forecast. Here’s what investors need to know today.  ( 19 min )
    Analyst Report: Viatris Inc
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    Analyst Report: Allstate Corp (The)
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    Analyst Report: Goodyear Tire & Rubber Co.
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    Stocks attempt to recover with inflation, Disney in focus: Stock market news today
    Stock futures rose Wednesday, looking to shake off losses driven by banking-sector worries, as attention shifted to a key US inflation report in the wake of disappointing Chinese price data.  ( 31 min )
    Daily Spotlight: Values in Financials and Technology
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    Technical Assessment: Neutral in the Intermediate-Term
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    Futures rise after selloff, all eyes on CPI data
    Philadelphia Fed President Patrick Harker said on Tuesday the U.S. central bank may be at the stage where it can leave interest rates where they are, barring any abrupt change in the direction of recent economic data. However, some central bank officials are still leaning the other way, with Fed Governor Michelle Bowman on Monday saying the combination of still-elevated inflation and continued economic growth meant further rate increases are likely. Wall Street's main indexes ended the previous session lower in a broad selloff after the downgrading of several small and mid-sized banks by credit rating agency Moody's reignited fears about the health of U.S. lenders and the economy.  ( 32 min )
    Daily – Vickers Top Buyers & Sellers for 08/09/2023
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    Daily – Vickers Top Insider Picks for 08/09/2023
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    These Stocks Are Moving the Most Today: Upstart, Penn, Lyft, Doximity, Rivian, Akamai, Twilio, Disney, and More
    Shares of Upstart fall sharply after the artificial-intelligence lending company issues a third-quarter earnings and revenue forecast that was below expectations, while Penn Entertainment surges after striking a deal with ESPN.  ( 27 min )
    Oil Rallies to Highest Since November on Black Sea Risks
    (Bloomberg) -- Oil was steady — after closing at the highest since mid-April on concerns about a possible escalation of the conflict between Ukraine and Russia — ahead of data that may show swelling US crude stockpiles. Most Read from BloombergEveryone Wants to Work at UPS After Teamsters DealWeWork Tumbles After Raising ‘Substantial Doubt’ About FutureUS Bank Shares Drop as Moody’s Cuts Ratings, Warns on RisksWall Street WhatsApp, Texting Fines Exceed $2.5 BillionTesla CFO Kirkhorn Exits With $  ( 31 min )
    Struggling Chinese graduates return to hometowns as job market sags
    Almost half of Chinese undergraduates returned to their hometowns last year within six months of graduation, state media reported, with the proportion rising to 47% from 43% in 2018 amid a sagging job market. Feeling the pinch of rising living costs, jobless Chinese youth have been leaving mega-cities, traditionally the stepping stone to middle-class wealth and beyond, for their hometowns with a slowing economy this year further pushing them away. The proportion of undergraduates returning home six months after graduation climbed to 47% in 2022 from 43% in 2018, state-run China News Service reported on Tuesday, citing a private sector survey.  ( 30 min )
    Country Garden Default Would Be Worse Than Evergrande, BI Says
    (Bloomberg) -- China’s former biggest builder Country Garden Holdings Co. has joined the ranks of once-strong developers that are deferring millions of dollars in payments, underscoring the sector’s entrenched debt woes.Most Read from BloombergEveryone Wants to Work at UPS After Teamsters DealWeWork Tumbles After Raising ‘Substantial Doubt’ About FutureUS Bank Shares Drop as Moody’s Cuts Ratings, Warns on RisksWall Street WhatsApp, Texting Fines Exceed $2.5 BillionTesla CFO Kirkhorn Exits With $  ( 32 min )
    It’s Disney Earnings Day. The Kingdom’s Magic Is Missing.
    Wall Street has many worries, including softer demand for Disney+ and weak performance by the company's movies at the box office.  ( 26 min )
    The Market’s Skeptics Are Giving Up. It’s Time to Worry.
    A capitulation among market naysayers comes just as market risks are rising. Consider protecting some of your 2023 gains with this hedging strategy.  ( 26 min )
    Alibaba, Tencent’s $66 Billion Party Starts to Fade
    (Bloomberg) -- China’s largest tech companies Alibaba Group Holding Ltd. and Tencent Holdings Ltd. have gained $66 billion in market value since May’s end, propelled by expectations of a gradual return to pre-crackdown growth and a litany of official promises to unshackle the private sector. Yet some investors warn the celebration may be premature.Most Read from BloombergUS Bank Shares Drop as Moody’s Cuts Ratings, Warns on RisksWeWork Tumbles After Raising ‘Substantial Doubt’ About FutureWall S  ( 34 min )
    China's consumer prices fall in July as deflation risks build
    China's consumer prices posted their first annual decline in more than two years in July, while factory gate prices extended their falls, data showed on Wednesday, as lacklustre demand weighed on the economy. The only bright spot was that the core CPI rebounded to 0.8% due to seasonal tourism during the summer, but I am afraid that it may lack sustainability. Given the base remained high last year, CPI will hardly rebound significantly in the second half of the year.  ( 31 min )
    China tips into deflation as efforts to stoke recovery falter
    BEIJING (Reuters) -China's consumer sector fell into deflation and factory-gate prices extended declines in July, as the world's second-largest economy struggled to revive demand and pressure mounted for Beijing to release more direct policy stimulus. Anxiety is rising that China is entering an era of much slower economic growth akin to the period of Japan's "lost decades", which saw consumer prices and wages stagnate for a generation, a stark contrast to the rapid inflation seen elsewhere. China's post-pandemic recovery has slowed after a brisk start in the first quarter as demand at home and abroad weakened and a flurry of policies to support the economy failed to shore up activity.  ( 32 min )
    Dow Jones Futures: Market Rally Holds Key Support, For Now; Two Big AI Losers Late
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    Boeing says incentives needed to compete for Pentagon's 'next franchise programs'
    A Boeing official told the county council that sites other than St. Louis have been considered for the aerospace manufacturer's proposed $1.8 billion expansion project, which would include construction of multiple buildings totaling one million square feet.  ( 13 min )
    This Is the Biggest Investment in High-Speed Internet Ever — and These Stocks Are Set to Reap the Rewards
    At the end of June, the Biden Administration unveiled an ambitious goal to ensure reliable broadband internet access for the entire US, even the most remote rural areas. The project will involve a federal outlay of $42 billion, allocated to the states over the next two years. The President touts the initiative as a move to close the ‘digital gap’ that separates the haves and have-nots in the world of high-speed connectivity. “It’s the biggest investment in high-speed internet ever, because for t  ( 34 min )
    Tycoon Who Gave Away $750 Million Sees Profit in Loans to Poor
    (Bloomberg) -- He built a fortune lending to low-income borrowers shunned by banks. He paid staff below-market wages and thought they still earned too much. He gave away almost all his wealth to a handful of employees, content with his small house and a $5,000 car.Most Read from BloombergEveryone Wants to Work at UPS After Teamsters DealWeWork Tumbles After Raising ‘Substantial Doubt’ About FutureUS Bank Shares Drop as Moody’s Cuts Ratings, Warns on RisksWall Street WhatsApp, Texting Fines Excee  ( 35 min )
  • Open

    S&P Gains and Losses Today: Index Falls as Tech Stocks Lose Ground
    The S&P 500 dipped 0.7% on Wednesday, Aug. 9, 2023 as tech stocks fell ahead of Thursday's key consumer inflation report.  ( 1 min )
    Markets Fall at Midday as Tech Stocks Sink
    U.S. equities declined at midday on Wednesday, Aug. 9, 2023, after the latest batch of earnings reports and ahead of key inflation data.  ( 1 min )
    5 Things to Know Before Markets Open
    Shares of Penn Entertainment surged after it struck a branding deal with ESPN and shares of online loan provider Upstart dove after its lower-than-expected quarterly revenue forecast. Here’s what investors need to know today.  ( 1 min )
  • Open

    NU+ | Dit vinden jullie van de buurtwinkel: 'Handig, maar absurd duur'
    Buurtwinkels worden in hun voortbestaan bedreigd, meldde NU.nl zondag. Veel NUjij'ers hopen dat ze blijven bestaan, maar gaan zelf meestal naar een grote supermarktketen. Waarom willen ze het één, maar doen ze het ander? Een greep uit de reacties.  ( 4 min )
    Stelling | 'Ik vind 15 cent niet de moeite waard om mijn blikjes voor in te leveren'
    Op NU.nl vind je elke dag een stelling die bij het nieuws past. Lang niet alles waar statiegeld op zit wordt ingeleverd, bleek maandag. Lever jij je blikjes in, of gooi je ze nog steeds in de prullenbak? Is 15 cent statiegeld de moeite waard? Breng je stem uit en discussieer mee.  ( 3 min )
    NU+ | Winsten banken komen ze aanwaaien: is extra belasting een goed idee?
    ABN AMRO en ING zagen hun winst afgelopen kwartaal verdubbelen. Belangrijkste oorzaak is de serie renteverhogingen van de Europese Centrale Bank. In Italië en andere landen wordt gewerkt aan een extra bankenbelasting voor overwinsten. Of dat ook in Nederland een goede zet is, vragen experts zich af.  ( 4 min )
    Gasprijs schiet voor het eerst in maanden omhoog door onrust in Australië
    De marktprijs voor gas is woensdagmiddag omhooggeschoten. Op de Amsterdamse gasbeurs steeg de prijs met meer dan een derde tot ruim 43 euro per megawattuur. Dat is het hoogste niveau sinds mei. De oorzaak is een dreigende staking in Australië.  ( 3 min )
    NU+ | Droogte van 2023 ontstond razendsnel en verdween in één klap
    Eerst viel er zes weken geen spat regen, daarna kreeg Nederland juist zes weken wisselvallig weer. Sinds 22 juli halveerde het neerslagtekort zelfs bijna. Hoe uitzonderlijk is de snelheid van het ontstaan en verdwijnen van de droogte van 2023?  ( 4 min )
    Verhuurder vraagt faillissement van koopjesketen Big Bazar aan
    De verhuurder van een winkelpand waarin een Big Bazar-filiaal is gevestigd, heeft het faillissement van de koopjeswinkel aangevraagd bij de rechtbank Amsterdam.  ( 3 min )
    Italiaanse bankenbelasting op overwinsten afgezwakt na paniek bij beleggers
    Italië heeft binnen een dag de plannen voor een extra belasting op overwinsten van banken al afgezwakt. Beleggers raakten na de aankondiging van de maatregel in paniek en verkochten aandelen in Italiaanse banken. Om ze te kalmeren, begrenst de regering de extra belasting.  ( 3 min )
    Farmabedrijf op een na waardevolste bedrijf van Europa dankzij 'wondermiddelen'
    De koers van het aandeel Novo Nordisk is deze week omhooggeschoten. Dat gebeurde nadat uit onderzoek was gebleken dat een diabetesmedicijn van het Deense farmaceutische bedrijf, dat ook effectief is als afslankmiddel, ook goed werkt tegen hart- en vaatziekten.  ( 3 min )
    Moederbedrijf Essent waarschuwt voor dure energie bij koude winter
    Hoewel energie nu veel goedkoper is dan vorig najaar, kunnen prijzen bij een koude winter weer snel oplopen. Daarvoor waarschuwt E.ON, het Duitse moederbedrijf van Essent en Energiedirect. "De energiecrisis is nog niet helemaal voorbij", zegt bestuurder Leonhard Birnbaum.  ( 3 min )
    Inleveren blikjes nog steeds chaos, maar volgens Ahold 'kwestie van wennen'
    Klanten en winkelmedewerkers moeten nog wennen aan het inleveren van blikjes voor statiegeld. "Iedereen is erbij gebaat dat het goed verloopt", zegt topman Frans Muller van supermarktconcern Ahold Delhaize.  ( 4 min )
    Farmabedrijf profiteert van wondermiddelen, maar houdt vraag moeilijk bij
    De koers van het aandeel Novo Nordisk is deze week omhooggeschoten. Dat gebeurde nadat uit onderzoek was gebleken dat een diabetesmedicijn van het Deense farmaceutische bedrijf, dat ook effectief is als afslankmiddel, ook goed werkt tegen hart- en vaatziekten.  ( 3 min )
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    Klanten en winkelmedewerkers moeten nog wennen aan het inleveren van blikjes voor statiegeld. "Iedereen is erbij gebaat dat het goed verloopt", zegt topman Frans Muller van supermarktconcern Ahold Delhaize.  ( 4 min )
    Ahold Delhaize ziet winst dalen door hogere energiekosten
    Ahold Delhaize heeft de winst in het afgelopen kwartaal zien dalen. Het supermarktconcern had last van onder meer hogere energiekosten en stakingen in België.  ( 3 min )
    ABN AMRO boekt meer winst dankzij hogere rente
    ABN AMRO heeft vanwege de gestegen rente in het tweede kwartaal fors meer winst geboekt. Het concern meldt net als branchegenoot ING bijna een verdubbeling van de winst ten opzichte van een jaar geleden.  ( 3 min )
  • Open

    Decibel Therapeutics Shares Soar on Acquisition by Regeneron Pharmaceuticals
    Shares of Decibel Therapeutics skyrocketed after Regeneron Pharmaceuticals agreed to buy the biotech firm for up to $213 million to expand its gene therapy pipeline.  ( 1 min )
    Why Amazon’s In Talks For Anchor Investor In Arm IPO? The Answer’s In The Cloud.
    Amazon is reportedly in talks to become an anchor investor in the IPO of Arm Ltd., a British semiconductor and software design company. The IPO, expected to be one of the largest this year, could help Amazon boost its cloud business.  ( 1 min )
    WeWork Doubts Its Own Survival, Shares Crater
    The reluctance of workers to return to the office, its checkered financial history, and considerable losses have led flexible workspace provider WeWork to express "substantial doubt" over its ability to remain in business.  ( 1 min )
    Penn Entertainment Shares Jump After $2 Billion Sportsbook Deal With Disney's ESPN
    Penn Entertainment shares surged after inking a $2 billion deal to rebrand and relaunch its sportsbook as ESPN Bet.  ( 1 min )

  • Open

    WeWork Raises Doubt About Its Survival
    WeWork on Tuesday raised doubt about its ability to stay in business as the co-working space provider faces losses and a dwindling cash pile amid major changes in the way people work.  ( 29 min )
    Bud Light May Never Recover From The Controversy That Cost $400 Million In Lost US Sales – 'They Want To Enjoy Their Beer Without A Debate,' Anheuser-Busch CEO Says
    Bud Light may never recover from the ongoing controversy surrounding the brand, according to an anonymous beer distributor who spoke to the New York Post on July 31. Many more Anheuser-Busch InBev distributors have resigned themselves to their painful Bud Light losses and have given up on luring customers back following the controversial ad campaign. During the past few months, the company experienced hiring freezes and mass layoffs. Beer truck drivers face heckling and harassment. The revelatio  ( 32 min )
    Top CD Rates Today: New 5.75% Leader Unveiled, Plus Four More Top-Tier Options
    Today's top three nationwide CD rates are 5.75% from Andrews Federal Credit Union, 5.75% from INOVA Federal Credit Union, and 5.65% from Dow Credit Union.  ( 20 min )
    Moody's reminds investors that regional banks aren't out of the woods yet
    Mid-sized banks stocks fell Tuesday after Moody's downgraded 10 institutions, citing higher funding costs and lower profitability.  ( 34 min )
    Beer billionaire Jim Koch buys a random stock every 2 weeks - and trusts his former babysitter to execute his trades
    Boston Beer Company's cofounder spent about $140 on two shares of Procter & Gamble more than six decades ago. They're worth $20,000 today.  ( 32 min )
    Rivian Raises Production Forecast as Results Surprise Wall Street
    The EV maker reported a per-share loss of $1.08 while Wall Street had expected a loss of $1.43.  ( 26 min )
    Super Micro Computer Revenue Outlook Disappoints Amid AI Buzz
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    Twilio Jumps After Raising Full-Year Profit Outlook
    (Bloomberg) -- Twilio Inc. shares rose in extended trading after the software company raised its profit outlook for the year and reported quarterly sales and profit that topped analysts’ estimates.Most Read from BloombergUS Bank Shares Drop as Moody’s Cuts Ratings, Warns on RisksWall Street WhatsApp, Texting Fines Exceed $2.5 BillionMusk Says He May Need Surgery, Will Get MRI on Back and NeckThe Global South Breaks Away From the US-Led World OrderBillionaire Desmarais Family Quietly Reshapes a F  ( 31 min )
    Cannabis Maker Tilray's Shares Rise After Buying 8 Anheuser-Busch InBev Brands
    Shares of Tilray Brands skyrocketed after the maker of marijuana products and craft beer purchased eight beer and beverage brands from Budweiser parent Anheuser-Busch InBev.  ( 18 min )
    INTERVIEW: Dutch Bros Raises Guidance as Profit Doubles, Chooses Christine Barone as Next CEO
    Dutch Bros Inc. (NYSE: BROS) posts 103% rise in second-quarter Ebitda Revenue rose 34% in second quarter to $250 million on new locations, same shop sales Raises full-year Ebitda guidance to $135 million and $140 million President Christine Barone will become CEO and President in January 2024 Current CEO Joth Ricci to leave after five […]  ( 32 min )
    Lyft earnings surprised Wall Street and the stock initially spiked, but now it's tanking
    Lyft's earnings have a flat tire or two in them. Yahoo Finance analyzes.  ( 32 min )
    A record share of Americans think it's a bad time to buy a home
    In the latest survey from Fannie Mae measuring housing sentiment, 82% of respondents said now is a bad time to purchase a house — a record high.  ( 33 min )
    Coupang Sustains Profit Streak, Sees Logistics Investments Pay Off
    (Bloomberg) -- Coupang Inc., the online retailer popular in South Korea for dawn and one-day delivery, posted its fourth straight quarterly profit after investments in logistics and membership programs helped shore up margins.Most Read from BloombergUS Bank Shares Drop as Moody’s Cuts Ratings, Warns on RisksWall Street WhatsApp, Texting Fines Exceed $2.5 BillionMusk Says He May Need Surgery, Will Get MRI on Back and NeckThe Global South Breaks Away From the US-Led World OrderBillionaire Desmarai  ( 31 min )
    Stocks fall as Moody's bank downgrade adds to August woes: Stock market news today
    Stocks remained under pressure but recovered from steeper losses after a warning about US bank health and surprisingly weak Chinese trade data sent shivers through markets.  ( 31 min )
    Moody's downgrades banks over risks. Here are the 10 impacted.
    Ratings agency says its also watching some of nation's biggest lenders for possible cuts amid ongoing financial strain.  ( 31 min )
    Occidental Petroleum raises full-year production guidance after bountiful Q2
    Oxy exceeded production guidance for the second quarter in the Permian Basin and the Rockies. Here's what else is happening for the upstream energy company.  ( 13 min )
    Nvidia Launches New Chip Platform To Cash In on Generative AI Demand
    Chipmaker Nvidia has announced the release of its next-generation chip to capitalize on the demand for AI models and lower costs for developers.  ( 19 min )
    Is TLRY Stock A Buy After Tilray Buys Beer Brands From Anheuser-Busch?
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    Oil Rises as Russia-Ukraine Escalation Threatens Supply Turmoil
    (Bloomberg) -- Oil reversed losses after Ukrainian President Volodymyr Zelenskiy said his country would retaliate if Russia continues to block Ukrainian ports.Most Read from BloombergUS Bank Shares Drop as Moody’s Cuts Ratings, Warns on RisksMusk Says He May Need Surgery, Will Get MRI on Back and NeckWall Street WhatsApp, Text-Message Fines Exceed $2.5 BillionThe Global South Breaks Away From the US-Led World OrderChina’s Trade Plunges More Than Forecast in Blow to RecoveryZelenskiy’s warning tr  ( 31 min )
    Palantir Is Still Not Showing Its AI Superpower
    On Monday, Palantir Technologies Inc (NYSE: PLTR) reported 13% revenue growth while also issuing third quarter guidance that topped estimates, implying an acceleration in revenue growth. As for the AI hype, Palantir CEO Alex Karp emphasized that the data company aims to do much more than merely produce a computer-generated poetry tool like Microsoft Corporation (NASDAQ: MSFT)-backed ChatGPT that risks being disapproved by some, with the company still figuring out how to monetize the technology i  ( 32 min )
    Millennials and Gen Z are filled with financial regrets, and it’s sending them into a stress spiral
    Nothing hurts like an empty nest egg.  ( 32 min )
    Why Americans plan to take Social Security earlier, and even leave retirement money behind
    More Americans plan to claim Social Security benefits for retirement earlier than later, even if it means leaving money behind. Here's why.  ( 31 min )
    Hot July Stock Market as Recession Risks Fade
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    Short-seller Hindenburg has fueled a massive wealth wipeout for 3 of the world's richest men this year
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    Eli Lilly, Novo Nordisk stocks soar after weight-loss drug trial boosts outlook
    Novo Nordisk's trial showing its weight-loss drug reduces sudden heart attack sends its stock— and that of Eli Lilly's — soaring.  ( 33 min )
    Rivian earnings preview: Production guidance and demand story in focus
    Electric adventure vehicle maker Rivian is on deck to report second quarter earnings after the bell on Tuesday, following a recent run-up in its stock fueled by positive headlines.  ( 32 min )
    Tilray to Buy Eight Beverage Brands for $85 Million From AB InBev
    (Bloomberg) -- Tilray Brands Inc. shares jumped the most since February 2021 after the cannabis and consumer packaged goods company agreed to buy eight beer and beverage brands from the owner of Budweiser.Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckUS Bank Shares Drop as Moody’s Cuts Ratings, Warns on RisksWall Street WhatsApp, Text-Message Fines Exceed $2.5 BillionThe Global South Breaks Away From the US-Led World OrderChina’s Trade Plunges More Than Fore  ( 32 min )
    Stocks trending in afternoon trading: Beyond Meat, Eli Lilly and Palantir
    Several stocks moved near 20% in either direction on Tuesday afternoon following earlier earnings reports.  ( 33 min )
    US Oil Output to Hit Record This Year, Helping Counter Saudi Cuts
    (Bloomberg) -- US oil production this year will rise faster than previously expected, providing additional crude supplies to a market that has tightened because of Saudi Arabian output cuts, according to a new government forecast.Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckUS Bank Shares Drop as Moody’s Cuts Ratings, Warns on RisksThe Global South Breaks Away From the US-Led World OrderWall Street WhatsApp, Text-Message Fines Exceed $2.5 BillionChina’s Tra  ( 31 min )
    UAW angrily tosses Stellantis contract offer in trash
    The United Auto Workers (UAW) union said Tuesday Chrysler-parent Stellantis is seeking numerous concessions in ongoing contract talks including cuts to existing medical coverage. The UAW also said the company opposes an end to two-tier wages, a practice of newer workers getting paid much less than veteran workers. The UAW is seeking more than 40% pay raises over four years, significant additional time off and a restoration of defined benefit pensions previously eliminated for newer workers.  ( 30 min )
    Stocks under pressure amid worries about US banks and China: Stock market news today
    Stocks remained under pressure but somewhat recovered from steeper losses in afternoon trading on Tuesday after a warning about US bank health and surprisingly weak Chinese trade data sent shivers through markets.  ( 31 min )
    Analyst Report: Shopify Inc
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    Analyst Report: DTE Energy Co.
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    Analyst Report: KKR & Co. Inc.
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    Market Update: DTE, ISRG, LNT, PWR, KKR, SHOP
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    Teamsters accuse Yellow of WARN Act violations, seek class-action status
    Yellow Corp. now faces a lawsuit from Teamsters members claiming its recent layoffs violated a federal act that required it to inform employees in advance. The company avers that it qualified for an exception.  ( 11 min )
    'People Are So Silly': Joe Rogan Drinks Bud Light, Blasts Boycott Over Dylan Mulvaney During Podcast — Could This Be A Turning Point For The Battered Beer Brand?
    Bud Light received mixed reactions after partnering with transgender social media influencer Dylan Mulvaney in April. But renowned podcaster and comedian Joe Rogan still enjoys the brew. In a recent episode of "The Joe Rogan Experience" podcast, he cracked open a can of Bud Light with country music star Zach Bryan. "And we're drinking Bud Lights, ladies and gentlemen. Sorry. There's nothing wrong with it," Rogan said. "People are so silly. We were just talking about silliness. One person made a  ( 33 min )
    The S&P 500 Is Falling Again. Here’s How Much Further It Could Slide.
    Enough selling pressure could push the S&P 500 to 4300, a level it last saw in June.  ( 26 min )
    Tesla CFO Departure Means Stock Sales Could Be Coming
    Outgoing Tesla Chief Financial Officer Zachary Kirkhorn is the beneficial owner of about 2.7 million shares of Tesla stock. He could choose to monetize them soon.  ( 26 min )
    Moody's Downgrades Credit Ratings For 10 Banks, Puts Six Others On Notice
    Ratings agency Moody's cut the credit ratings of several small and midsized banks late Monday and warned other big lenders, citing profitability challenges and funding risks.  ( 18 min )
    Datadog Shares Tumble on Softer Outlook and Drags Down Cloud Stocks
    The company warned that some larger cloud customers are continuing to take a conservative approach to spending.  ( 26 min )
    Why Doesn’t Berkshire Hathaway Pay a Dividend?
    Berkshire Hathaway is sitting on $144 billion, but CEO Warren Buffett believes there are better ways to use the spare cash than paying dividends.  ( 21 min )
    International Flavors Drops 20% on Softening Consumer Demand
    (Bloomberg) -- International Flavors and Fragrances Inc. fell after slashing its full-year sales guidance as customers pull back on spending while working through their stashes of products instead of replenishing their pantries. Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckEastern US Prepares for a ‘Potent’ Storm System: Weather WatchPayPal Launches a Stablecoin in Latest Crypto Payments PushThe Global South Breaks Away From the US-Led World OrderHSBC Execu  ( 31 min )
    Dow Slides 450 Points. Fear Gauge Spikes.
    The Dow Jones Industrial Average fell more than 400 points in Tuesday morning trading as a wave of negative headlines spiked the market's fear gauge. The Dow was down 447 points, or 1.3%, shortly after 10:30 a.m. ET. The S&P 500 was down 1.1%, while the Nasdaq Composite was down 1.4%. After fallin  ( 12 min )
    Stock Market Tumbles As Earnings, China Send Chill; Only This Sector Escapes Selling
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    Just 5 Stocks Produce 10% Of $75.7 Trillion Global Stock Market Wealth, Study Shows
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    No longer a $3 trillion company, Apple shares keep sliding week after fiscal Q3 earnings
    The Cupertino-based tech titan has lost its standing as a $3 trillion company.  ( 11 min )
    Soaring sales of diabetes drug Mounjaro, widely used for weight loss, sends Eli Lilly to new heights
    Eli Lilly’s diabetes treatment Mounjaro, which is widely used for weight loss, raked in nearly $1 billion in second-quarter sales, or more than $200 million above what Wall Street had expected. Shares of the drugmaker soared to an all-time-high early Tuesday after Lilly said Mounjaro sales swelled more than 70% since the first quarter to $980 million. The U.S. Food and Drug Administration approved the drug at the end of last year's second quarter to treat type 2 diabetes, but analysts see a lot of potential for it in the booming market for weight-loss treatments, and doctors have already been prescribing it off-label for that.  ( 30 min )
    DraftKings upgraded, Home Depot downgraded: Wall Street's top analyst calls
    DraftKings upgraded, Home Depot downgraded: Wall Street's top analyst calls  ( 33 min )
    3 reasons why the stock market rally may be stopped in its tracks
    One top Wall Street strategist makes a compelling case for a pause in the market rally.  ( 32 min )
    2 ‘Strong Buy’ Penny Stocks That Could Rally All the Way to $10 (or More)
    Finding solid returns is the key to success in stock investing, but there are almost as many paths to that as there are investors. You can pack your portfolio with long-term stocks featuring slow appreciation; you can invest heavily in trending stocks that are riding a bubble, hoping to cash out at the right time; or you can buy into low-cost equities that feature high potential to boom. That last is the allure behind the penny stocks. Traditionally priced for a dollar or less per share, today t  ( 35 min )
    M&T Bank, Pinnacle and Commerce Bancshares Stocks Drop After Moody's Downgrades Regional Banks
    Moody's Investors Service cut the credit ratings of 10 U.S. regional banks and said it was reviewing the ratings of six other institutions, pointing to lower profits and higher funding costs. Shares of M&T Bank (MTB), Pin  ( 24 min )
    International Flavors Stock Is Worst Performer in the S&P 500. Here’s Why.
    The stock falls sharply after the scent and flavor maker cuts its full-year sales outlook.  ( 26 min )
    Tesla’s New CFO Now Has Two Jobs and a Lot of Question Marks
    (Bloomberg) -- Tesla Inc. has a long history of promoting talent from within. Outside hires don’t last for very long in the carmaker’s scrappy, hard-charging culture, and it takes a certain stamina to work for Elon Musk.Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckUS Bank Shares Drop After Moody’s Cuts Ratings, Warns on RisksThe Global South Breaks Away From the US-Led World OrderEastern US Prepares for a ‘Potent’ Storm System: Weather WatchPayPal Launches  ( 32 min )
    $600,000 Will Buy You This Much Retirement
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    Palantir Stock Rises After Post-Earnings Wobble. It’s the Gold Standard in AI, Says This Analyst.
    Palantir stock was rising early Tuesday after a drop following its earnings report. All eyes are on the progress of its artificial-intelligence platform after a stunning rally this year so far.  ( 27 min )
    The Retirement Change Your Financial Advisor May Be Getting Wrong
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    Why JPMorgan Says To Avoid Withdrawing This Much From Your Retirement Accounts
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    EV Parts Maker Proterra Files For Bankruptcy
    Seeking protection from creditors while continuing to operate, EV parts supplier Proterra filed for Chapter 11 bankruptcy. The company's stock fell more than 65% in pre-market trade on Tuesday.  ( 17 min )
    Rivian Stock: EV Automaker's Earnings Due, After Q2 Delivery Beat
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    Ask an Advisor: Should I Delay Social Security and Rely on My 401(k) for 8 Years? I Have $750k in Savings and a Pension
    Is it a viable plan to use my 401(k) for the eight years between retirement (age 62) and the max payout age for Social Security (age 70)? I have about $750,000 and I’m planning to take about $1,700 per month. I already have a pension of about $1,500 per month. –Lynne Waiting to file for […] The post Ask an Advisor: Should I Delay Social Security and Rely on My 401(k) for 8 Years? I Have $750k in Savings and a Pension appeared first on SmartReads by SmartAsset.  ( 32 min )
    Rivian’s Results Are Coming. These Numbers Matter More Than Sales or Earnings.
    The EV maker produced and sold about 10% more vehicles than expected in the second quarter.  ( 26 min )
    Uber CEO Shocked By The Cost Of A 2.9-Mile Ride: 'Oh My God. Wow.' But Company Celebrates First-Ever Operating Profit Of $394 Million
    Sometimes, regular riders may be shocked by the cost of an Uber ride, but it's not something you'd expect the company's CEO to encounter. But Wired Editor at Large Steven Levy recently took a 2.95-mile Uber ride in New York City to meet Uber Technologies Inc. CEO Dara Khosrowshahi. When Levy asked Khosrowshahi to estimate the ride's cost, he casually put it at $20. Much to everyone's surprise, the price turned out to be $51.69, including a tip for the driver. "Oh, my God. Wow," Khosrowshahi excl  ( 33 min )
    Dish, EchoStar To Merge In Deal Targeting 5G Network Build-Out
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    Dow Jones Futures Fall 250 Points On Moody's Bank Downgrades; Palantir Slides On Earnings
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    US Bank Shares Drop After Moody’s Cuts Ratings, Warns on Risks
    (Bloomberg) -- Moody’s Investors Service lowered credit ratings for 10 small and midsize US banks and said it may downgrade major lenders including U.S. Bancorp, Bank of New York Mellon Corp., State Street Corp., and Truist Financial Corp. as part of a sweeping look at mounting pressures on the industry.Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckEastern US Prepares for a ‘Potent’ Storm System: Weather WatchPayPal Launches a Stablecoin in Latest Crypto Pay  ( 32 min )
    Lilly Stock Rockets After Diabetes Powerhouse Mounjaro Drives Beat And Raise
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    Who is new Tesla CFO Vaibhav Taneja? Wall Street favorite Zach Kirkhorn’s replacement is largely a blank slate for investors
    The Delhi-trained public accountant with big shoes to fill has kept a low profile since joining Tesla in 2016—a very low profile.  ( 33 min )
    Hanesbrands Draws Activist Investor Seeking to Shake Up Underwear Maker
    Barington Capital is pushing the company to find new directors, and possibly a new CEO.  ( 25 min )
    UPDATE 2-Novavax posts quarterly profit on COVID vaccine sales
    Novavax reported a second-quarter profit on Tuesday, helped by strong revenue from its COVID-19 vaccines, but still trimmed its full-year forecast for sales of the shot. The biotech company also entered into a stock purchase agreement with SK Bioscience Co, under which Novavax will issue 6.5 million shares to the South Korean company at $13 per share. Shares of Novavax were up 19% at $8.95 in premarket trading.  ( 31 min )
    AMD Stock: One Chart Explains the Mega-Rally
    Advanced Micro Devices (AMD) shares have jumped 80% in 2023. This uptrend is being powered by mega appetite for the stock.  ( 31 min )
    Li Auto Earnings Boom, Delivery Guidance Strong, But Tesla Rival Backs Off Record High
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    UPS lowers full-year outlook, posts drop in Q2 results
    UPS’ full-year guidance change reflects the volume and cost impact from labor negotiations with the Teamsters. The post UPS lowers full-year outlook, posts drop in Q2 results appeared first on FreightWaves.  ( 31 min )
    Dish, EchoStar to Merge. It’s a Challenge to AT&T and Verizon.
    Billionaire Charlie Ergen is planning to combine pay-TV provider Dish Network and satellite-communications company EchoStar.  ( 26 min )
    Novo Nordisk Stock Surges as Weight-Loss Drug Cuts Risk of Cardiovascular Events
    Results of a study looking at whether Novo Nordisk's Wegovy reduces the risk of heart attack and stroke are released Tuesday.  ( 27 min )
    Datadog Earnings Beat, But Software Stock Plunges On Weak Revenue Guidance
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    Analyst Report: National Fuel Gas Co.
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    Analyst Report: Xcel Energy, Inc.
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    Analyst Report: Berkshire Hathaway Inc.
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    UPS lowers 2023 revenue expectations, citing tentative labor deal with 340,000 unionized workers
    Revenue declined at UPS in the second quarter and the package delivery company lowered its full-year revenue expectations by $4 billion, primarily due to a tentative labor contract reached late last month with its 340,000 unionized workers. UPS reached a tentative deal with the International Brotherhood of Teamsters, potentially averting a strike that threatened to disrupt package deliveries for millions of businesses and households nationwide. Under the agreement, which still needs to be approved by union members, full- and part-time union workers will get $2.75 more per hour in 2023, and $7.50 more by the end of the five-year contract.  ( 30 min )
    Daily Spotlight: Argus's Favored Classes, Segments
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    These Stocks Are Moving the Most Today: Eli Lilly, UPS, U.S. Bancorp, AMC, Palantir, Lucid, Chegg, and More
    Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 9 min )
    Technical Assessment: Neutral in the Intermediate-Term
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    Market Digest: ETD, MCHP, MSI, NFG, XEL, BRK/B, W
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    Eli Lilly raises annual forecasts as new diabetes drug powers beat
    Eli Lilly beat Wall Street estimates for second-quarter profit on Tuesday, buoyed by strong demand for its new diabetes drugs Mounjaro, ahead of a decision on the medicine's use as a weight-loss treatment. Excluding items, the U.S. drugmaker earned $2.11 per share in the quarter ended June 30, above analysts' average expectations of $1.98.  ( 30 min )
    Rivian’s Wounded Shorts Set for Potential Squeeze
    (Bloomberg) -- Investors betting against Rivian Automotive Inc. have a lot riding on the electric vehicle maker’s results later Tuesday, after a steep rally exposed them to big losses. Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckEastern US Prepares for a ‘Potent’ Storm System: Weather WatchPayPal Launches a Stablecoin in Latest Crypto Payments PushThe Global South Breaks Away From the US-Led World OrderHSBC Executive Slams ‘Weak’ UK for Backing US Against  ( 33 min )
    What drove the departure of Tesla’s CFO Zach Kirkhorn?
    Kirkhorn was a key part of Tesla's turnaround over the last five years, says Dan Ives of Wedbush Securities.  ( 31 min )
    Alibaba Slumps After Grim Chinese Data. The S&P 500 Could Follow.
    A plunge in Chinese imports bodes ill for Alibaba. But falling exports holds gloomy signs for the global economy more broadly.  ( 26 min )
    Stocks tumble amid worries about US banks and China: Stock market news today
    Stocks extended their fall on Tuesday after a warning about US bank health and surprisingly weak Chinese trade data sent shivers through markets.  ( 31 min )
    Stocks open lower amid worries about US banks and China: Stock market news today
    Stocks sank at the open on Tuesday, after a warning about US bank health and surprisingly weak Chinese trade data sent shivers through markets.  ( 31 min )
    Stocks slide, weighed down by worries about banks and China: Stock market news today
    Stocks sank on Tuesday, set to open in the red after surprisingly weak Chinese trade data and a warning about US bank health sent shivers through markets.  ( 31 min )
    Daily – Vickers Top Insider Picks for 08/08/2023
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    Daily – Vickers Top Buyers & Sellers for 08/08/2023
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    US bank stocks drop after Moody's downgrade
    The rating agency said rising funding costs, possible decline in deposit levels and weaker profitability pose risks to the banking sector, which went through a crisis earlier this year after the collapse of three lenders. "The Moody's announcement is a wake-up call," Stuart Cole, chief macro economist at Equiti Capital, said.  ( 31 min )
    UPS cuts revenue view on lower e-commerce demand, new labor contract
    Meanwhile, the global shipping downturn, which has hurt margins for the sector, has forced logistic firms to balance costs and capacity to lower demand. UPS now expects 2023 consolidated revenue to be about $93 billion, compared with a prior forecast of about $97 billion. The company expects full-year adjusted operating margin of around 11.8%, compared to its prior forecast of about 12.8%.  ( 31 min )
    Barrick beats quarterly profit estimates on higher gold prices
    Average prices of gold during the reported quarter rose 4.3% compared to last year, nearly touching an all-time high in May as U.S. banking concerns accelerated a rush to the safe-haven asset. The company's average realized gold prices stood at $1,972 per ounce, up from $1,861 per ounce a year earlier. Meanwhile, all-in sustaining costs (AISC) for gold, a key industry metric that reflects total expenses associated with production, rose to $1,355 per ounce from $1,212 per ounce in the year-ago quarter.  ( 31 min )
    Yahoo Finance Chartbook: 50 charts tell the story about markets and the economy right now
    Yahoo Finance asked top analysts, economists, and other industry experts to submit a chart that they think best sums up what's going on in the economy and in markets today.  ( 61 min )
    Yahoo Finance Chartbook: 50 charts tell the story about markets and the economy right now
    Yahoo Finance asked top analysts, economists, and other industry experts to submit a chart that they think best sums up what's going on in the economy and in markets today.  ( 60 min )
    Palantir Stock Rises After Post-Earnings Wobble. It’s the Gold Standard in AI, Says This Analyst.
    Palantir stock was rising early Tuesday after a drop following its earnings report. All eyes are on the progress of its artificial-intelligence platform after a stunning rally this year so far.  ( 27 min )
    Disinflation Spreads Across Emerging Markets and Selloff Deepens
    (Bloomberg) -- A selloff in emerging markets accelerated Tuesday after data releases from China to Hungary underscored the price nations are paying for disinflation: a deeper slowdown in economic growth than initially expected.Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckEastern US Prepares for a ‘Potent’ Storm System: Weather WatchPayPal Launches a Stablecoin in Latest Crypto Payments PushHSBC Executive Slams ‘Weak’ UK for Backing US Against ChinaTexas Pow  ( 31 min )
    Country Garden misses bond payments as China property fears flare
    Major Chinese property developer Country Garden said on Tuesday it has not paid two dollar bond coupons due Aug 6 worth a total of $22.5 million. The bonds in question are notes due on Feb 2026 and Aug 2030 , both with 30-day grace periods, investors said, citing prospectus. Country Garden said its usable cash has continuously decreased, showing "periodic liquidity stress" due to deterioration in the sales and refinancing environment, and the impact from various fund regulations.  ( 31 min )
    Moody's downgrades 10 US banks, warns of possible cuts to others
    Ratings agency Moody's downgraded the credit ratings of several U.S. banks on Monday and warned it was reviewing the status of some of the nation's biggest lenders. Moody's cut the ratings of 10 U.S. banks by one notch and placed some banking giants on review for potential downgrades. The downgraded banks include M&T Bank, Pinnacle Financial Partners, Prosperity Bank and BOK Financial Corp.  ( 31 min )
    Bitcoin up as market digests PayPal stablecoin launch
    Bitcoin edged up on Tuesday morning in Asia after U.S. multinational payment giant PayPal launched a U.S. dollar-pegged stablecoin on Monday.  ( 32 min )
  • Open

    Group Term Life Insurance: What You Need to Know
    Employer-sponsored group term life insurance is often a free employee benefit. But it may not be enough to cover your family’s needs if you die.  ( 24 min )
    Jewelry Floater Definition
    A jewelry floater is a type of supplemental insurance designed to protect precious jewelry.  ( 21 min )
    Top CD Rates Today: New 5.75% Leader Unveiled, Plus Four More Top-Tier Options
    Today's top three nationwide CD rates are 5.75% from Andrews Federal Credit Union, 5.75% from INOVA Federal Credit Union, and 5.65% from Dow Credit Union.  ( 19 min )
    Consumer Confidence Index (CCI): Definition and What It Indicates
    The Consumer Confidence Index is a survey that measures how optimistic or pessimistic consumers are regarding their expected financial situation.  ( 24 min )
    S&P Gains and Losses Today: Bank Stocks Tumble on Moody's Downgrade
    The S&P 500 dipped 0.4% on Tuesday, Aug. 8, 2023, as bank stocks lost ground after Moody’s downgrades.  ( 16 min )
    Contributions to 401(k) Savings on the Rise; So Are Withdrawals
    Bank of America study shows 401(k) balances are almost 10% higher as Generation Z and Millennials increase their contribution rates  ( 18 min )
    June Wholesale Inventories Fall, But Remain Elevated Over Last Year
    Wholesale inventories—the stock of goods available for sale by wholesalers and a factor that may influence the country's Gross Domestic Product (GDP)—fell 0.5% to $905.2 billion in June compared to May, but were 1.3% higher over the June last year.  ( 17 min )
    Dwindling Trade Highlights China's Shrinking Role as Workshop of the World
    If you’ve seen fewer “made in China” labels on the products you buy, it’s no accident: trade between the U.S. and its biggest Asian trading partner has diminished as manufacturers have left China for friendlier shores.  ( 18 min )
    Bounty Programs: What it is, How it Works, Criticisms
    Bounty programs are rewards, usually in the form of tokens, to promote an initial coin offering (ICO).  ( 19 min )
    Elon Musk's X Partners With Ad Optimization Company Integral Ad Science
    On Tuesday, Elon Musk's X Corp. entered into an exclusive partnership with Integral Ad Science Holding Corp. (IAS), an ad optimization company, to win back advertisers and address reports of growing hate speech on the platform.  ( 19 min )
    Chegg Shares Jump After Beating Sales Estimates and Promoting Its AI Strategy
    Chegg shares soared after the education technology provider posted better-than-expected sales and laid out its artificial intelligence strategy.  ( 18 min )
    Guide to the Joe Biden Presidency
    One of America's youngest senators and its oldest president, Joe Biden's story includes his accomplishments, life-altering tragedies, and an ambitious vision for America's future.  ( 34 min )
    Cannabis Maker Tilray's Shares Rise After Buying 8 Anheuser-Busch InBev Brands
    Shares of Tilray Brands skyrocketed after the maker of marijuana products and craft beer purchased eight beer and beverage brands from Budweiser parent Anheuser-Busch InBev.  ( 17 min )
    Can You Have a Robo Roth IRA?
    Learn about robo Roth IRAs and if you should consider using a robo-advisor to manage your Roth IRA.  ( 23 min )
    Comparing an Edward Jones Advisor to a Robo-Advisor
    When it comes to money management, there is no lack of choice. Here's a comparison of services from traditional advisors vs. those of a robo-advisor.  ( 25 min )
    What Do AA+ and AAA Credit Ratings Mean?
    AA+ and AAA are two credit ratings provided by Standard and Poor's and Fitch, signifying the highest credit quality. AAA is the highest and one level above AA+.  ( 21 min )
    Accelerated Amortization: Meaning, Example, Pros and Cons
    Accelerated amortization occurs when a borrower makes extra payments toward their mortgage principal, speeding up the settlement of their debt.  ( 20 min )
    Nvidia Launches New Chip Platform To Cash In on Generative AI Demand
    Chipmaker Nvidia has announced the release of its next-generation chip to capitalize on the demand for AI models and lower costs for developers.  ( 17 min )
    TSMC, Bosch, Infineon and NXP Enter Joint Venture to Build $11 Billion Plant in Germany
    TSMC, Bosch, Infineon and NXP will build an $11 billion chip plant in Dresden, Germany, with production expected to begin by the end of 2027.  ( 17 min )
    Life Insurance in a Qualified Retirement Plan
    Buying life insurance in a qualified retirement plan offers tax benefits, but this strategy can also be expensive and complex to manage. Here are the pros and cons.  ( 26 min )
    Federal Reserve Regulations Definition
    Federal Reserve regulations are rules put in place by the Federal Reserve Board to regulate the practices of banking and lending institutions, usually in response to laws enacted by the Congress.  ( 26 min )
    UPS Q2 Revenue Fell Short on Weaker Consumer Spending, Labor Negotiations
    United Parcel Service, the world's biggest package delivery company, posted mixed second-quarter results on Tuesday, beating on earnings but falling short on revenues.  ( 17 min )
    New Indications Definition
    New indications is a term used to refer to evidence signifying that there may be new applications for an existing drug or procedure.  ( 18 min )
    Basket Deductible Definition
    A basket deductible is a single deductible that is designed to pay for losses from different types of risks. It is designed to reduce the risk associated with business transactions by outlining indemnification.  ( 19 min )
    Harvard Business School Definition
    Harvard Business School is an internationally renowned business school located at Harvard University in Boston, Massachusetts.  ( 21 min )
    Only 10% Of Non-Retired Americans Will Wait Until 70 To Claim Social Security
    In a survey, 44% said they are concerned Social Security may run out of money and stop making payments.  ( 18 min )
    Amazon Adds Second Prime Day-Style Event in October
    Amazon (AMZN) said on Tuesday it will be hosting a second Prime Day-style event in October named "Prime Big Deal Days," in an effort to lure shoppers ahead of the holiday season.  ( 17 min )
    BMO Bank CD Rates: August 2023
    BMO offers a relatively basic CD with special rates for certain terms. Learn about BMO's current CD rates and features to make an informed decision and grow your savings.  ( 20 min )
    Bread Savings CD Rates: August 2023
    Check out the current Bread Savings CD rates and see how they compare to the competition. Maximize your savings with flexible and secure CD investments at Bread.  ( 20 min )
    Huntington Bank CD Rates: August 2023
    Huntington Bank’s CD rates are very competitive for certain terms. Check out Huntington’s latest CD offer and find out how you can maximize your savings with one of the best rates in the market.  ( 21 min )
    Interest Rates May Have Reached Their Peak, Fed Official Says
    If you’re feeling the financial pressure from today’s high interest rates on all kinds of loans, relief from a year and a half of rate increases may be on the way.  ( 18 min )
    Citibank Savings Account Interest Rates: August 2023
    Citi offers CDs, checking accounts, bank IRAs, and savings accounts. Learn more about its savings account rates, features, and account requirements.  ( 22 min )
    Markets Plunge at Midday After Bank Downgrades
    U.S. equities sank at midday on Tuesday, Aug. 8, 2023, following bank downgrades by Moody's and data showing credit card debt rose to a record.  ( 17 min )
    PenFed CD Rates: August 2023
    Certificates of deposit (CDs) can be a great method to save money for the future. Learn about PenFed CD rates, and see if they’re a good fit for your finances.  ( 23 min )
    How to File for Student Loan Bankruptcy
    The process for how to file for student loan bankruptcy is more complex than the process for discharging other types of debt. Learn how to file and what debt qualifies.  ( 29 min )
    Mortgage Rates Dip for a Second Day, With Every Non-Jumbo Average Down
    Rates on 30-year mortgages dropped for a second day, along with almost every new purchase and refi average. But jumbo loan rates meanwhile held steady.  ( 20 min )
    Novo Nordisk ADRs Surge After Wegovy Shown to Reduce Heart Attack, Stroke Risks
    ADRs of Novo Nordisk surged to an all-time high after a study found Novo Nordisk's Wegovy weight-loss drug also helped cut risk of major adverse cardiovascular events by 20%.  ( 17 min )
    Third Federal CD Rates: August 2023
    A certificate of deposit is a good way to save money, especially when interest rates are high or rising. Learn about Third Federal Savings & Loan’s CD rates, term lengths, and more.  ( 20 min )
    Whartonite Definition
    “Whartonite” is a colloquial term used to refer to graduates of The Wharton School of the University of Pennsylvania.  ( 21 min )
    Eli Lilly Beats Estimates and Boosts Its Guidance as Diabetes Drug Sales Soar
    Eli Lilly shares rose to a record after the company posted better-than-expected results and raised its guidance on soaring demand soared for its diabetes drug, Mounjaro.  ( 17 min )
    The Cost of Homeschooling
    Homeschooling is an increasingly popular alternative to traditional schooling. Learn how much it costs the typical family to homeschool.  ( 24 min )
    Vanguard CD Rates: August 2023
    Vanguard offers brokered CDs through various banks with competitive rates and a wide range of terms. Learn all the details here.  ( 20 min )
    Ally Bank CD Rates: August 2023
    Ally Bank CD rates are competitive, and there is no minimum deposit required to open. Several term options, as well as a special no-penalty CD, are available.  ( 20 min )
    Moody's Downgrades Credit Ratings For 10 Banks, Puts Six Others On Notice
    Ratings agency Moody's cut the credit ratings of several small and midsized banks late Monday and warned other big lenders, citing profitability challenges and funding risks.  ( 18 min )
    Euro Deposit Definition
    A euro deposit is a deposit of foreign currency into a European bank account within the eurozone.  ( 19 min )
    Adjustable Life Insurance: Definition, Pros & Cons, Vs. Universal
    Adjustable life insurance allows policyholders the option to change key features like premiums and the death benefit.  ( 24 min )
    Capital One CD Rates: August 2023
    Capital One offers a solid certificate of deposit (CD) account, with a variety of term lengths, good rates, and no minimum deposit required.  ( 20 min )
    Small Businesses Remain Pessimistic Due To Inflation, Labor Market Woes
    The NFIB Small Business Optimism Index was slightly better than expected in July but overall small business owners continue to be troubled by prices, hiring, compensation and lower profits.  ( 17 min )
    Chase CD Rates: August 2023
    Learn about Chase Bank's CD rates and how they compare to the competition. Make informed decisions and see if you can maximize your returns with Chase Bank's CD options.  ( 19 min )
    Billionaire Charlie Ergen to Merge Dish and EchoStar
    Billionaire Charlie Ergen is combining Dish and EchoStar in an all-stock deal to create one big wireless network that could take on AT&T and Verizon.  ( 18 min )
    Beyond Meat Shares Tank As Weaker Consumer Appetite Drags Earnings
    Beyond Meat's revenue declined 30% in the second quarter as consumers pulled back on buying plant-based meat.  ( 17 min )
    CIT Bank CD Rates August 2023
    A certificate of deposit (CD) can be a great way to secure your savings and grow your finances. Learn what CIT Bank CD Rates are and how you can benefit.  ( 21 min )
    The Marshall School of Business at USC: Overview
    The Marshall School of Business at the University of Southern California offers a variety of undergraduate and graduate programs.  ( 21 min )
    Why Doesn’t Berkshire Hathaway Pay a Dividend?
    Berkshire Hathaway is sitting on $144 billion, but CEO Warren Buffett believes there are better ways to use the spare cash than paying dividends.  ( 21 min )
    Texting Employees Cost Wall Street Firms $549M In Fines For Recordkeeping Rules Violation
    How much does it cost to send a text message? For 11 trading firms, the practice of their employees texting about work on their personal devices has cost a combined $549 million in fines from federal regulators.  ( 17 min )
    Columbia Business School Definition
    Columbia Business School is one of the top business and management schools in America and is located at Columbia University in New York City.  ( 21 min )
    EV Parts Maker Proterra Files For Bankruptcy
    Seeking protection from creditors while continuing to operate, EV parts supplier Proterra filed for Chapter 11 bankruptcy. The company's stock fell more than 65% in pre-market trade on Tuesday.  ( 17 min )
    Americans See AI Becoming Part of In-Home Elder Care Services
    Survey shows Americans are receptive to AI tools to help care for them as they age, with Nationwide testing ‘eldercare robotics’ for those with mobility issues.  ( 19 min )
    Earnings Season Was Good For Corporate Profits Even If Revenues Weren't Great
    Slowing revenue growth hasn't dented the profitability of America's biggest firms, as S&P 500 companies found alternative ways of boosting profits.  ( 18 min )
    Is University Prestige Really That Important?
    Getting into a top school does not hurt, but it is not the real driver of who goes on to do well in life, as some provocative research shows.  ( 25 min )
    U.S. Presidents and the Largest Budget Deficits
    Here is a look at which presidents ran the largest federal budget deficits in U.S. history and why, from World War I through President Biden's administration.  ( 24 min )
    5 Things to Know Before Markets Open
    Moody’s cuts the ratings for several banks while warning of downgrading others and UPS lowers its revenue and margins forecast following its new labor contract. Here’s what investors need to know today.  ( 19 min )
    INSEAD: What It Means, History, Programs
    The Institut Europeen d'Administration des Affaires (INSEAD) is a top business graduate school, founded in 1957, with campuses in France, Singapore, and the Middle East.  ( 22 min )
    When Is Grad School Worth It?
    Find out whether going to grad school and your payback from it—earnings, lifestyle, career opportunities—is worth the high cost of tuition.  ( 22 min )
    The History of Insurance in America
    Insurance in the United States dates back to colonial days, when Benjamin Franklin was a property insurance pioneer.  ( 21 min )
    US Government Financial Bailouts
    U.S. bailouts date all the way back to 1792. Learn how the biggest ones affected the economy.  ( 30 min )
    Understanding GLD, UGLD and Other ETF Funds
    Gold ETFs operating as trusts are straightforward. The trust holds gold and issues shares. Learn how ETFs are more efficient than buying physical gold.  ( 21 min )
  • Open

    Cannabis Maker Tilray's Shares Rise After Buying 8 Anheuser-Busch InBev Brands
    Shares of Tilray Brands skyrocketed after the maker of marijuana products and craft beer purchased eight beer and beverage brands from Budweiser parent Anheuser-Busch InBev.  ( 1 min )
    Amazon Adds Second Prime Day-Style Event in October
    Amazon (AMZN) said on Tuesday it will be hosting a second Prime Day-style event in October named "Prime Big Deal Days," in an effort to lure shoppers ahead of the holiday season.  ( 1 min )
    Billionaire Charlie Ergen to Merge Dish and EchoStar
    Billionaire Charlie Ergen is combining Dish and EchoStar in an all-stock deal to create one big wireless network that could take on AT&T and Verizon.  ( 1 min )
    Beyond Meat Shares Tank As Weaker Consumer Appetite Drags Earnings
    Beyond Meat's revenue declined 30% in the second quarter as consumers pulled back on buying plant-based meat.  ( 1 min )
    EV Parts Maker Proterra Files For Bankruptcy
    Seeking protection from creditors while continuing to operate, EV parts supplier Proterra filed for Chapter 11 bankruptcy. The company's stock fell more than 65% in pre-market trade on Tuesday.  ( 1 min )
  • Open

    S&P Gains and Losses Today: Bank Stocks Tumble on Moody's Downgrade
    The S&P 500 dipped 0.4% on Tuesday, Aug. 8, 2023, as bank stocks lost ground after Moody’s downgrades.  ( 1 min )
    Markets Plunge at Midday After Bank Downgrades
    U.S. equities sank at midday on Tuesday, Aug. 8, 2023, following bank downgrades by Moody's and data showing credit card debt rose to a record.  ( 1 min )
    Novo Nordisk ADRs Surge After Wegovy Shown to Reduce Heart Attack, Stroke Risks
    ADRs of Novo Nordisk surged to an all-time high after a study found Novo Nordisk's Wegovy weight-loss drug also helped cut risk of major adverse cardiovascular events by 20%.  ( 1 min )
    Moody's Downgrades Credit Ratings For 10 Banks, Puts Six Others On Notice
    Ratings agency Moody's cut the credit ratings of several small and midsized banks late Monday and warned other big lenders, citing profitability challenges and funding risks.  ( 1 min )
    Earnings Season Was Good For Corporate Profits Even If Revenues Weren't Great
    Slowing revenue growth hasn't dented the profitability of America's biggest firms, as S&P 500 companies found alternative ways of boosting profits.  ( 1 min )
    5 Things to Know Before Markets Open
    Moody’s cuts the ratings for several banks while warning of downgrading others and UPS lowers its revenue and margins forecast following its new labor contract. Here’s what investors need to know today.  ( 1 min )
  • Open

    Steeds meer Nederlanders werken, vooral meer vrouwen aan de slag
    In de afgelopen twintig jaar zijn steeds meer mensen gaan werken in ons land. Momenteel zijn er meer werkenden dan mensen zonder baan. In het tweede kwartaal waren er 120 mensen met betaald werk op 100 mensen die niet werkten.  ( 4 min )
    Aantal vluchten in Europa bijna op oud niveau, weer zorgt voor vertragingen
    Het aantal vluchten in Europa is in juli bijna weer op het niveau van voor de coronapandemie gekomen, meldt de Europese luchtverkeersleidingsdienst EUROCONTROL. Wel zorgde het extreme weer voor veel vertraging.  ( 3 min )
    Vrijwel elke reisaanbieder toont goedkope reizen die helemaal niet te boeken zijn
    Elf van de twaalf reisaanbieders laten op hun website prijzen zien waarvoor de vakantie helemaal niet te boeken is. Dat blijkt uit een controle van toezichthouder ACM. Binnen acht weken moeten de reisaanbieders hun zaken op orde hebben, anders volgen boetes.  ( 4 min )
    Italië gaat overwinsten banken aanpakken met extra belasting
    De Italiaanse regering gaat zogenoemde overwinsten van banken extra belasten, omdat banken profiteren van de oplopende rente. De overheid denkt daarmee 2 miljard euro op te halen voor belastingverlagingen en steun aan starters op de woningmarkt.  ( 3 min )
    Reisaanbieders moeten eerlijke prijzen tonen en stoppen met lokkertjes
    Elf van de twaalf reisaanbieders laten op hun website prijzen zien waarvoor de vakantie helemaal niet te boeken is. Dat blijkt uit een controle van toezichthouder ACM. Binnen acht weken moeten de reisaanbieders hun zaken op orde hebben, anders volgen boetes.  ( 4 min )
    Bijna alle flexwoningen die overheid heeft gekocht staan nog in de opslag
    Om de beschikbaarheid van flexwoningen te stimuleren, kocht de overheid er alvast tweeduizend. Nu blijkt dat er ondanks een nijpend woningtekort nog steeds negentienhonderd in de opslag staan.  ( 4 min )
    Stelling: Ik vind 15 cent niet de moeite waard om mijn blikjes voor in te leveren
    Op NU.nl vind je elke dag een stelling die bij het nieuws past. Lang niet alles waar statiegeld op zit wordt ingeleverd, bleek maandag. Lever jij je blikjes in, of gooi je ze nog steeds in de prullenbak? Is 15 cent statiegeld de moeite waard? Breng je stem uit en discussieer mee.  ( 3 min )
    Oranjegetinte reclames komen pas los als we de halve finale halen
    Doordat de voetbalsters hun WK-wedstrijden midden in de nacht spelen, komen Oranjegetinte reclames en acties vanuit winkeliers nog niet van de grond. De verwachting is dat de Oranjekoorts stijgt als Nederland vrijdag in de kwartfinale ook van Spanje wint.  ( 4 min )
    Chinezen zien export hard afnemen door aarzelende westerse consument
    De Chinese export is in juli voor de derde maand op rij afgenomen. Het land voerde vorige maand 14,5 procent minder uit dan een jaar eerder, de grootste daling sinds het begin van de coronapandemie.  ( 3 min )
    Energie werd flink goedkoper, maar boodschappen zijn fors duurder dan vorig jaar
    Prijzen voor energie zijn in een jaar tijd met meer dan 34 procent gedaald. Desondanks blijft de inflatie met 4,6 procent in juli best hoog. Belangrijkste oorzaak is dat boodschappen nog steeds fors duurder zijn dan vorig jaar.  ( 4 min )

  • Open

    Stocks are headed for a 'boom-bust' fallout as falling inflation sparks an earnings recession, Morgan Stanley's CIO says
    No content preview
    The Future of Hydrogen Power Is Here — and These Stocks Are Leading the Charge
    We’re in the midst of a major economic transition, one that may eventually match the changes of the Industrial Revolution. The change, of course, is the advent of the green economy, and the switch from fossil fuel energy sources to renewable energy. While wind and solar power are soaking up the headlines, a more plausible long-term green power source is already near at hand: hydrogen. Hydrogen, the most common element in the universe, is all around us – highly reactive and non-polluting. When us  ( 35 min )
    Lucid Misses Earnings Estimates. Share Rise Anyway.
    Lucid reported a second-quarter per-share loss of 40 cents from sales of about $151 million. Wall Street was looking for a per-share loss of 34 cents from sales of $182 million.  ( 26 min )
    Electric Vehicle Tech Maker Proterra Files for Bankruptcy
    (Bloomberg) -- Proterra Inc., which makes heavy-duty electric vehicle components like chargers and batteries, filed for bankruptcy on Monday. Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckTexas Power Prices to Surge 800% on Sunday Amid Searing HeatPayPal Launches a Stablecoin in Latest Crypto Payments PushUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarHSBC Executive Slams ‘Weak’ UK for Backing US Against ChinaThe Burlingame, California-based com  ( 31 min )
    Apple stock buybacks are still in full swing, and that’s good news for Warren Buffett
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    For all those who are not Tesla Inc (NASDAQ: TSLA) or one of the biggest Chinese EV makers, the EV venture is wildly risky ride that makes profitability seem like mission impossible sometimes. Although Kelley Blue Book reported that EV sales skyrocketed 65% last year while automotive sales contracted 8%, the EV adoption is everything but fast as it entails hefty costs. For manufacturers, Tesla made it even harder by starting a price war at the beginning of the year, one that not many are able to  ( 34 min )
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    Beyond Meat revenue plummets in the second quarter due to flagging US demand
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    Dow Jones Surges 400 Points As Apple, Tesla Stock Slide; Palantir Plunges On Earnings
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    Palantir Technologies raised its annual revenue forecast on Monday and said it would buy back shares worth up to $1 billion as the data analytics software maker enjoys "unprecedented demand" for its artificial intelligence platform. In a letter to shareholders, CEO Alexander Karp said the platform has users across over 100 organizations, including from automotive and healthcare industries, and that Palantir was in talks with more than 300 additional companies. Investors expect Palantir to have an edge over others in working with large language models in heavily regulated industries such as defense due to its work with U.S. government bodies including the Central Intelligence Agency.  ( 31 min )
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    With elevated interest rates, securing a mortgage to buy a house can be challenging. But what could be more surprising is how the numbers actually work once you start making mortgage payments. "New mortgage math is brutal," Austen Allred, co-founder and CEO of online coding bootcamp Bloom Institute of Technology, wrote in a recent tweet. Allred explained that if you purchase a $1 million house with a $200,000 down payment and get an $800,000 mortgage at a 7% interest rate, in the first three yea  ( 32 min )
    Lucid slashes prices of Air EVs as Q2 earnings loom
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    Biotech Firm Vistagen Surges 1,370% on Social Anxiety Spray Trial Success
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    The share of U.S. consumers who believe it is a bad time to buy a home reached the highest level in at least 13 years in July, according to a survey released on Monday, as the supply of available properties remains scarce and home prices appear to have stopped cooling. The portion of U.S. consumers saying now is a "bad time to buy" a new home increased by 4 percentage points in July to 82%, according to a report released Monday by Fannie Mae, the highest level since the mortgage finance giant began conducting the survey in 2010. Consumers' outlook also appears to have taken a hit, with a net 17% of respondents expecting price increases in the next 12 months, the highest percentage in over a year.  ( 31 min )
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    Tesla’s 39-year-old chief financial officer has left the company with a $170m (£130m) fortune after just four years in the post.  ( 31 min )
    Viatris to announce at least one divestiture in 3Q
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    Vietnam’s Richest Man Poised to Briefly Triple Fortune on EV Bet
    (Bloomberg) -- The fortune of Vietnam’s wealthiest man is poised to soar by as much as $11 billion, vaulting him to the upper ranks of the world’s richest people — for a while, at least.Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckTexas Power Prices to Surge 800% on Sunday Amid Searing HeatUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarHSBC Executive Slams ‘Weak’ UK for Backing US Against ChinaPayPal Launches a Stablecoin in Latest Crypto Payme  ( 33 min )
    Morgan Stanley warns of hit to equity valuation if US fiscal spending is cut
    MS equity strategist Michael J Wilson noted that massive fiscal stimulus, prompted by the COVID-19 pandemic since its outbreak in 2020, allowed the U.S. economy to grow faster than forecast. This resilience in the face of rapid interest rate hike by the U.S. Federal Reserve has seen some Wall Street strategists chalking in a continued rally for some U.S. stocks. While aggressive fiscal spending could continue, given the debt ceiling has been raised, fiscal policy has limits as deficits would widen - one of the reasons for Fitch's downgrade.  ( 31 min )
    The world’s third-biggest company just saw its profits plummet 38%—but still paid shareholders $19.5 billion in dividends
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    Tesla Stock Breaks Key Support As CFO Zachary Kirkhorn Steps Down
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    Apple Stock Just Keeps Falling
    Shares of Apple continued to slide in Monday trading, falling another 1.9%. It was on track to be the worst performer in the Dow Jones Industrial Average. If the drop holds, it would be Apple's fifth-straight session of declines, according to Dow Jones Market Data. It's down 9.1% in the past five s  ( 11 min )
    Apple Stock Falls for Fifth Straight Session
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    Mortgage rates showed a notable drop across almost every loan type, with the 30-year average reversing course after rising last week to its highest point in almost four weeks.  ( 21 min )
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    Investors are constantly looking for different ways to beat the market and there are several routes to follow in that pursuit. One common strategy is to keep track of the insiders’ moves. By insiders, we mean the corporate officers responsible for their own companies’ performance, who also naturally know the inner workings of the firms they work for better than anyone else. When they are seen picking up shares of company stock – by law they are required to make the transactions public – it sends  ( 34 min )
    Tesla’s CFO Is Stepping Down. The Stock Is Falling.
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    Sage Therapeutics says it is 'evaluating resource allocation, including pipeline prioritization and a workforce reorganization with a goal of extending our cash runway.'  ( 27 min )
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    When Markets Get Scary, Mom and Pop Buy Gold
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    Dow Jones Rises As Inflation Data Looms; Tesla Slides As CFO Steps Down
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    Tesla Finance Chief Zachary Kirkhorn Has Stepped Down
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    Cloudflare, Palo Alto Get Thumbs Down From Analysts. Cybersecurity Stocks Face Market Skepticism.
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    Tyson Foods to Shut More US Chicken Plants After Profit Drop
    (Bloomberg) -- Tyson Foods Inc. will shut down four additional chicken facilities after fiscal third-quarter sales trailed even the lowest of analyst estimates. Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckTexas Power Prices to Surge 800% on Sunday Amid Searing HeatUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarHSBC Executive Slams ‘Weak’ UK for Backing US Against ChinaNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampProduction f  ( 32 min )
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    Tyson Foods closing 4 chicken processing plants in cost-cutting move
    Tyson Foods Inc. is closing four chicken processing plants as it looks to lower costs. The company said Monday that the plants being closed are located in North Little Rock, Arkansas; Corydon, Indiana; Dexter, Missouri and Noel, Missouri. Tyson said that it will shift production to other facilities and halt operations at the four plants in the first two quarters of fiscal 2024.  ( 31 min )
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    Tesla said on Monday that Zachary Kirkhorn stepped down as its chief financial officer and named Vaibhav Taneja as its new finance chief. Taneja takes on the CFO role in addition to his role as chief accounting officer, the automaker said. Kirkhorn, who stepped down from his role on Friday, will remain with Tesla through the end of the year.  ( 30 min )
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    Kevin O'Leary, the entrepreneur and "Shark Tank" television star, expressed concern over a "crisis emerging" in the United States during a recent interview on Fox Business. O'Leary, who works closely with small and mid-sized businesses, said he doesn't see optimism increasing in the economy as some may suggest. Despite reports of optimism in the data, O'Leary's interactions with businesses across various states reveal a different reality — entrepreneurs are far from content with the prevailing e  ( 32 min )
    Campbell Soup to Acquire Rao’s Parent Company for $2.7 Billion
    Campbell said the deal for Sovos Brands is expected to close in December.  ( 26 min )
    Nikola Stock Is Soaring Again After a Busy Week of News
    Nikola stock has been all over the place. The trend, despite all the volatility, is up. Shares have been boosted by demand for the company's hydrogen fuel cell-powered trucks.  ( 27 min )
    BioNTech Skids As Covid Vaccine-Maker's Sales Plummet And Miss Forecasts
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    Warren Buffett's former deputy who snagged her job with a daring letter says the risk of doing so is 'pretty low' — so why not try
    Tracy Britt Cool likened her approach in reaching out to businesses to applying for college scholarships, saying it takes energy and discipline.  ( 31 min )
    BioNTech Stock Drops. What’s Behind Today’s Fall.
    Sales drop by more than expected in the second quarter, but BioNTech says its new 'variant-adapted Covid-19 vaccine' is still on track.  ( 27 min )
    Bitcoin Prices Will Drop Again, History Says. Brace Yourselves.
    U.S. inflation data due this week could provide fresh catalysts to crypto markets that are in a bit of a slump.  ( 26 min )
    Tyson Foods to Close Four Plants as Chicken Business Slumps
    The company is closing more meat-processing plants as it continues to try to fix its chicken business, while challenges persist across its beef and pork operations.  ( 25 min )
    Tyson Foods Stock Slumps After Earnings, Revenue Miss. Blame Chickens for a Hit.
    The maker of Ball Park hot dogs and other foods closed four chicken facilities to cut costs, recording an impairment charge.  ( 26 min )
    Forcing workers back to the office may be backfiring: Flexible workplaces are hiring talent twice as fast as those requiring full-time attendance
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    Fed’s Williams Says He Sees Restrictive Rates for Some Time
    (Bloomberg) -- Federal Reserve Bank of New York President John Williams sees the need to keep US monetary policy restrictive for some time and said interest-rate cuts may be warranted next year if inflation slows. Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckTexas Power Prices to Surge 800% on Sunday Amid Searing HeatUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarHSBC Executive Slams ‘Weak’ UK for Backing US Against ChinaNetanyahu Seeks to Chan  ( 30 min )
    One 'Magnificent 7' Stock Is Still Undervalued, Morningstar Says
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    Bud Light’s downfall marks a seismic shift in consumer behavior–and parent company AB InBev doesn’t seem to get it
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    Tyson Foods to shut four US chicken plants in blow to small towns
    Tyson Foods said on Monday it is closing four more U.S. chicken plants in its latest effort to cut costs. The meat company has grappled with declining profits and struggled to improve results in its chicken business. Tyson said it would move the work performed in the plants to newer facilities that are closer to its customers, but declined to say how many employees were affected.  ( 31 min )
    Tyson Foods misses on quarterly sales, will shut four US chicken plants
    American consumers have been turning more cautious and pulling back on their meat purchases as higher rent and interest rates squeeze household budgets, hurting sales at multinational meat packers such as Tyson and Hormel Foods. The U.S. meat packer, which had bumped up meat prices last year, reported a 3% drop in quarterly net sales to $13.14 billion, below analysts' expectations of $13.59 billion, based on Refinitiv data. The biggest U.S. meat company by sales, Tyson has also seen its margins come under pressure as declining U.S. cattle herds force it to pay more for livestock, while a lingering drought has pushed animal feeding expenses further up.  ( 31 min )
    Daily Spotlight: Stock Valuations Push Higher
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    Analyst Report: Unilever PLC
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    Chicken noodle soup king Campbell just spent $2.7 billion to buy Rao's sauces
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    Block Stock Is Rebounding From a Post-Earnings Plunge. Why Analysts See Upside.
    Block stock tumbled into the end of the week, but analysts are turning more upbeat given the fintech group's guidance and position among peers.  ( 26 min )
    If Nvidia Is a Proxy for the AI Bubble, It’s Nearing Its Peak, Morgan Stanley Says
    (Bloomberg) -- Nvidia Corp. has soared more than 200% this year, and if that’s used as a proxy for the bubble in artificial intelligence stocks, Morgan Stanley reckons the peak in the bull-run is near.Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckTexas Power Prices to Surge 800% on Sunday Amid Searing HeatShort Seller Hindenburg Nabs Tiny Gains Off $173 Billion CarnageUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarNetanyahu Seeks to Change How J  ( 31 min )
    Fortinet Stock Has Plunged. Why This Analyst Says That’s an Opportunity.
    Fortinet stock fell 25% on Friday after it warned of deals being delayed. Guggenheim's Raymond McDonough says it's time to buy the dip.  ( 26 min )
    Surging U.S. Corporate Bankruptcies Already Surpass Total for All 2022
    Surging U.S. corporate bankruptcies surpass the total for all of 2022 as filings reach pace on par with pandemic, global financial crisis years.  ( 19 min )
    Warren Buffett’s protege Tracy Britt Cool says she capitalized on rejection to get to the top
    “It requires the discipline and the time and the energy to do it. And to invest in that.”  ( 31 min )
    BioNTech Stock Falls as Covid-19 Vaccine Maker Misses Revenue Estimates
    Sales drop by more than expected in the second quarter, but BioNTech says its new 'variant-adapted Covid-19 vaccine' is still on track.  ( 27 min )
    These Are The 5 Best Stocks To Buy And Watch Now
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    Palantir’s 135% AI Surge Set For Earnings Showdown
    (Bloomberg) -- Palantir Technologies Inc. faces a fresh test of whether it can justify the artificial intelligence hype when it reports earnings later on Monday. Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckTexas Power Prices to Surge 800% on Sunday Amid Searing HeatShort Seller Hindenburg Nabs Tiny Gains Off $173 Billion CarnageUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampThe da  ( 33 min )
    Futures rise following turbulent week; U.S. inflation in focus
    Wall Street's main indexes ended the week lower on Friday with some investors taking profits after months of gains due to economic data, mixed earnings and rising Treasury yields. U.S. stocks have sharply rallied in 2023, with the benchmark S&P 500 clocking 16.6% gains year to date, fueled by optimism around artificial intelligence and hopes of a soft landing for the world's largest economy. Both Bank of America and JPMorgan last week ditched their forecasts for a U.S. recession.  ( 31 min )
    Stocks eye rebound from rough start to August: Stock market news today
    Stocks were setting up to recover from a recent bumpy patch early Monday, as earnings season starts to wind down and investors brace for an inflation reading crucial to Federal Reserve decision making.  ( 31 min )
    The current bull market is actually very sensitive: Morning Brief
    There is at least one problem with the stock market's rally.  ( 32 min )
    Property Loans Are So Unappealing That Banks Want to Dump Them
    (Bloomberg) -- Banks seeking to sell commercial-property loans are encountering a dried-up market with few options for an easy exit.Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckTexas Power Prices to Surge 800% on Sunday Amid Searing HeatShort Seller Hindenburg Nabs Tiny Gains Off $173 Billion CarnageUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampLenders including Goldman Sachs Grou  ( 35 min )
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    Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 9 min )
    Oil Edges Lower With Stronger Dollar Countering Black Sea Risk
    (Bloomberg) -- Oil held gains after Ukraine attacked another Russian vessel over the weekend, putting at risk significant flows of the nation’s commodities from the Black Sea such as crude and grains.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarShort Seller Hindenburg Nabs Tiny Gains Off $173 Billion CarnageDeSantis Camp Hit by Gloom a  ( 32 min )
    A Real-Estate Haven Turns Perilous With Roughly $1 Trillion Coming Due
    Apartment buildings rose in value for years, but surging interest rates loom over the sector’s property owners now.  ( 26 min )
    US Government Shutdown Threat Builds in Post-Downgrade Fallout, Imperiling Soft Landing Bets
    (Bloomberg) -- A fresh fiscal showdown is brewing in Washington that threatens to complicate the Federal Reserve’s policy making and strengthen Fitch Ratings’ warning that self-inflicted wounds are tarnishing America’s standing in the global economy.Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckTexas Power Prices to Surge 800% on Sunday Amid Searing HeatShort Seller Hindenburg Nabs Tiny Gains Off $173 Billion CarnageUkraine Black Sea Drone Attacks Signal Rap  ( 32 min )
    Analysis-Yuan loses core support as firms leave China
    Since China opened to foreign investment in 1978 under Deng Xiaoping, global firms have ploughed in hundreds of billions of dollars to buy and build factories for market access and cheap labour, bolstering the Chinese currency. A gentle downtrend in foreign direct investment gave way to a steep drop last quarter and inflows to China slammed to their lowest since records began 25 years ago, raising the prospect that the long-term trend is turning. Corporate leaders and their advisers say a shift is under way and the political concerns behind investment decisions are long term, which leaves the yuan facing pressure from what was long one of its staunchest supports.  ( 32 min )
    Bitcoin Is Boring Again and History Says Prices Will Drop. Brace for a Fall to This Level.
    U.S. inflation data due this week could provide fresh catalysts to crypto markets that are in a bit of a slump.  ( 26 min )
    Yellow Files for Bankruptcy. The Stock Is Down After Quadrupling.
    The 99-year-old company filed for Chapter 11 bankruptcy protection Sunday and said it will seek court authorization to make payments such as employees wages, salaries and benefits.  ( 26 min )
    Trucking giant Yellow Corp. declares bankruptcy after years of financial struggles
    Trucking company Yellow Corp. has declared bankruptcy after years of financial struggles and growing debt, marking a significant shift for the U.S. transportation industry and shippers nationwide. The Chapter 11 bankruptcy, which was filed Sunday, comes just three years after Yellow received $700 million in pandemic-era loans from the federal government. Former Yellow customers and shippers will face higher prices as they take their business to competitors, including FedEx or ABF Freight, experts say — noting Yellow historically offered the cheapest price points in the industry.  ( 31 min )
    Stocks to Watch Monday: Berkshire Hathaway, Yellow, KKR
    ↗️ Berkshire Hathaway (BRK.B, BRK.A): Warren Buffett’s conglomerate swung to a second-quarter profit of  ( 21 min )
    Eurozone investor mood stops nosedive in August
    Investor morale in the euro zone unexpectedly rose in August, ending three consecutive months of decline as inflation has lost some of its explosive power, but there are no signs of a lasting turnaround in sentiment, a survey showed on Monday. Sentix's index for the euro zone rose to -18.9 points in August from -22.5 in July, beating expectations of analysts polled by Reuters of a further drop, to a reading of -24.3. Germany in particular has become "the sick man" of the euro zone and is weighing heavily on the region, said Sentix managing director Patrick Hussy, with investor morale in Europe's largest economy falling to its lowest level since October 2022.  ( 30 min )
    These Stocks Are Moving the Most Today: Berkshire Hathaway, Yellow, Lucid, Palantir, Disney, and More
    Warren Buffett's Berkshire Hathaway reports second-quarter after-tax operating earnings of $10 billion, a quarterly record, trucking company Yellow files for bankruptcy, and Lucid slashes prices ahead of Monday's earnings report. Palantir also reports Monday, while UPS, Eli Lilly, and Walt Disney are scheduled to issue earnings later this week.  ( 27 min )
    China’s Central Bank Adds More Gold for a Ninth Straight Month
    (Bloomberg) -- China raised its gold reserves for a ninth straight month in July as central bank purchases continue to underpin prices of the precious metal.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatMusk Says He May Need Surgery, Will Get MRI on Back and NeckShort Seller Hindenburg Nabs Tiny Gains Off $173 Billion CarnageUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampBullion hel  ( 30 min )
    Morgan Stanley’s Wilson Says Fiscal Tightening a Risk for Stocks
    (Bloomberg) -- Warning bells are ringing for US stocks from signs that high fiscal spending, which underpinned economic growth this year, is unsustainable, according to Morgan Stanley’s Michael Wilson.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatMusk Says He May Need Surgery, Will Get MRI on Back and NeckShort Seller Hindenburg Nabs Tiny Gains Off $173 Billion CarnageUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarNetanyahu Seeks to Change How J  ( 32 min )
    Emerging-Market Stocks Are Having a Moment as Growth Bets Return
    (Bloomberg) -- Investors in emerging markets are shifting to stocks from bonds as they prepare for the world after monetary tightening.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatMusk Says He May Need Surgery, Will Get MRI on Back and NeckShort Seller Hindenburg Nabs Tiny Gains Off $173 Billion CarnageUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampThere are early signs of a rotati  ( 32 min )
    Saudi Arabian oil giant Aramco reports $30B in Q2 profits, down nearly 40% from last year
    Saudi Arabia's state-run oil giant Aramcobrought in $30 billion in revenues in the second quarter, a nearly 40% decline from the same period the previous year, which it attributed to lower crude oil prices. Aramco is one of the biggest companies in the world, and Saudi Arabia is looking to oil revenues to fund ambitious plans to overhaul its economy.  ( 29 min )
    Record Number of China LGFVs Overdue on Short Debt
    (Bloomberg) -- China’s local government financing vehicles are showing more signs of stress, with a record number of them missing payments for a popular type of short-term debt last month. Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampDeSantis Camp Hit by Gloom as Aides Worry Race Is Slipping AwayUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarUS Lab Behind Fusion Breakthrough Reache  ( 30 min )
    Saudi oil giant Aramco posts nearly 40% drop in Q2 profit amid lower crude prices
    Saudi Arabian state oil giant Aramco on Monday reported a near 38% drop in second-quarter net profit reflecting lower oil prices and thinner margins in refining and chemicals. Aramco's net profit fell to 112.81 billion riyals ($30.07 billion) for the quarter to June 30 from 181.64 billion a year earlier, the company said in a bourse filing, but topped the $29.8 billion expected by 15 analysts in an Aramco-provided poll. ($1 = 3.7513 riyals)  ( 29 min )
    German industrial output falls further in June
    German industrial production dropped more strongly than forecast in June, according to data released on Monday, underlining the challenges faced by manufacturing amid a downturn in Europe's largest economy. "The minus in June provides a taster for the poor production figures that are on the horizon for the coming months," said Commerzbank chief economist Joerg Kraemer. The Germany's manufacturing sector has already had a difficult year so far due to dwindling orders, sluggish output and high prices, with the HCOB final Purchasing Managers' Index (PMI) for manufacturing falling for a sixth consecutive month in July.  ( 30 min )
    China's exports likely contracted further in July, imports downturn seen slowing: Reuters poll
    China's state planner hinted of stimulus over three press conferences convened last week, but investors were underwhelmed by proposals to expand consumption in the automobile, real estate and services sectors as well as extend loan support tools for small and medium-sized enterprises until the end of 2024. As many of China's major markets grapple with higher borrowing costs amid a battle to bring down soaring inflation, authorities in Beijing are walking a tight rope in trying to boost domestic consumption without easing monetary policy too much lest it triggers large capital outflows. But South Korean exports to China, a leading indicator for imports to the Asian giant dropped 25.1% in July from a year earlier, the sharpest in three months.  ( 30 min )
    Thailand says no rice export halt, to benefit from India's export ban
    Thailand is benefiting from India's rice export ban and has no reason to halt shipments of the grain itself, its commerce minister said on Monday. The government would ensure sufficient rice output for both domestic consumption and exports, and also make sure domestic prices are not too high, minister Jurin Laksanawisit told a press briefing. In the first seven months, Thailand shipped 4.8 million metric tons, he said, adding monthly exports stood at 700,000 to 800,000 metric tons.  ( 30 min )
    Exclusive-Credit Suisse Hong Kong investing banking job cuts, targeting 80%, start this week -sources
    Around 80% of Hong Kong-based investment banking staff at Credit Suisse will be laid off and the cuts will start from this week, two people with knowledge of the matter said, as part of the bank's integration with UBS Group. Only about 20 bankers will likely be spared the cuts that will impact Credit Suisse's 100-people strong investment banking team based in the territory, the people said, declining to be identified as the discussions on the matter were private. Hong Kong makes up Credit Suisse's biggest share of investment bankers in Asia.  ( 31 min )
    India’s Rice Export Ban Sparks Concern That Sugar May Be Next
    (Bloomberg) -- After India banned some rice exports to control domestic prices, traders are worried another food staple could be vulnerable: sugar.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarDeSantis Camp Hit by Gloom as Aides Worry Race Is Slipping AwayShort Seller Hindenburg Nabs Tiny Gains Off $173 Billion CarnageThe world has beco  ( 32 min )
    How Britain lost its quirky tech champion to the US and ‘growth at all costs’
    When the chip designer Arm shortly sells shares in this year’s most closely watched initial public offering (IPO), it will represent for many the final Americanisation of a great British company.  ( 35 min )
    Hedge Funds Boosted Record Treasury Shorts as Markets Convulsed
    (Bloomberg) -- Hedge funds ramped up their bearish Treasuries bets to a record last week just as yields surged toward multi-month highs, while more traditional investors were burnt having boosted wagers in the opposite direction with similar conviction.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampMusk Says He May Need Surgery, Will Get MRI on Back and NeckUkraine Black Sea Drone Attacks Signal  ( 31 min )
    Trucker Yellow Goes Bankrupt After Debt, Labor Woes Pile Up
    (Bloomberg) -- Yellow Corp. filed for bankruptcy after the trucking firm’s long-running financial woes were compounded by a dispute with its labor force. Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampDeSantis Camp Hit by Gloom as Aides Worry Race Is Slipping AwayUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarUS Lab Behind Fusion Breakthrough Reaches Ignition AgainThe carrier listed  ( 31 min )
    Trucker Yellow Files for Bankruptcy, Will Liquidate
    The bankruptcy follows years of struggles as it tried to address the debt it accumulated through a series of mergers and a $700 million federal Covid-19 relief loan.  ( 28 min )
    The Euro’s Masters Have Set the Economy for a Painful Reckoning
    (Bloomberg) -- The euro zone’s custodians have set a course for the biggest policy-inflicted blow since the currency was created.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarDeSantis Camp Hit by Gloom as Aides Worry Race Is Slipping AwayShort Seller Hindenburg Nabs Tiny Gains Off $173 Billion CarnageThe combination of higher interest r  ( 33 min )
    Stock market today: Asian benchmarks mostly slip after Wall Street's losing week
    Asian shares were trading mostly lower on Monday after U.S. employment data had Wall Street close out a losing week. Investors are also closely watching earnings reports due later this week, including from Disney in the U.S., Alibaba Group in China and Sony and SoftBank in Japan. Japan's benchmark Nikkei 225 recouped losses earlier in the day and was down less than 0.1% at 32,190.31 in morning trading.  ( 32 min )
    Paytm Founder to Get 10% Stake From Ant Without Paying Any Cash
    (Bloomberg) -- Paytm founder Vijay Shekhar Sharma will acquire a 10.3% stake from China’s Ant Group Co., in an unusual transaction that won’t involve any cash payment or change in economic interest.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampDeSantis Camp Hit by Gloom as Aides Worry Race Is Slipping AwayUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarUS Lab Behind Fusion Breakthrou  ( 30 min )
    US trucking firm Yellow files for bankruptcy after loading up on debt
    U.S. trucking firm Yellow Corp filed for Chapter 11 bankruptcy protection on Sunday, burdened with a heavy debt load after a series of mergers and following tense contract negotiations with the Teamsters Union.  ( 29 min )
    Japan's 'Mr.Yen' Sakakibara expects no yen intervention
    Japanese authorities are unlikely to intervene in foreign exchange markets to prop up the yen as the currency has already found some support and will head much higher as U.S. interest rates peak, former finance official Eisuke Sakakibara said. Sakakibara gained a reputation as a market mover in the 1990s after devising several currency interventions during his time as vice finance minister, earning him the nickname "Mr Yen". The yen is poised to reach 130 against the U.S. dollar by the year end as the U.S. Federal Reserve ends its aggressive monetary tightening and as Japan's economic outlook brightens, Sakakibara told Reuters on Friday.  ( 31 min )
    Bitcoin, Ether flat; Solana leads winners
    Bitcoin traded flat on Monday morning in Asia to stay just above US$29,000 as the token’s volatility rating hit a record low. The NFT market recorded losses while, in the U.S., equities traders await more earnings reports.  ( 31 min )
    Gold off 3-week lows as investors brace for US inflation test
    (Reuters) -Gold prices were off three-week lows on Monday after slowing U.S. job growth knocked the dollar and bond yields from their recent highs, while investors braced for this week's inflation test that could influence the Federal Reserve's policy path. The U.S. dollar index fell and benchmark 10-year Treasury yields slid from November highs after the Labor Department's employment report on Friday showed the economy added fewer jobs than expected in July. Markets also took stock of the labor department data showing solid wage gains and a decline in the unemployment rate that suggests continued tightness in labor market conditions.  ( 31 min )
    Asian Shares Slip as US Reverses Rally; Oil Steady: Markets Wrap
    (Bloomberg) -- Most Asian shares fell Monday after a mixed US jobs report and a reversal of gains on Wall Street that saw the S&P 500 lose a near 1% gain.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampDan Loeb Surrendered But Meme Army Still Hits Bears for MillionsDeSantis Camp Hit by Gloom as Aides Worry Race Is Slipping AwayUkraine’s Black Sea Drone Attacks Signal a Rapidly Expanding WarBenchma  ( 32 min )
    Dollar tentative as US inflation data looms
    The dollar was on the back foot on Monday after a mixed U.S. jobs report provided little directional conviction and as market focus turned to inflation data from the world's two largest economies due this week. While the dollar fell to a one-week low against a basket of currencies in the aftermath of the data, its losses were capped as the report pointed to a still-tight labour market, suggesting the Federal Reserve may need to keep rates higher for longer. "There was a narrative in there for everyone, depending on your bias," said Pepperstone's Head of Research Chris Weston of the jobs report.  ( 31 min )
    China or India? How to Invest in the Coming Asia Boom
    (Bloomberg Markets) -- Money managers are navigating an historic shift: India’s ­population, at 1.43 billion, edged past China’s this year.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampDan Loeb Surrendered But Meme Army Still Hits Bears for MillionsDeSantis Camp Hit by Gloom as Aides Worry Race Is Slipping AwayUkraine’s Black Sea Drone Attacks Signal a Rapidly Expanding WarNow the world’s most p  ( 33 min )
    Recession Worries Have Investors Buying Treasuries, Doubting Stocks
    (Bloomberg) -- A clear majority of investors expect a US recession before 2024 is out, leading them to view the current bull market in stocks as ephemeral and to favor long-term US Treasuries.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampDan Loeb Surrendered But Meme Army Still Hits Bears for MillionsDeSantis Camp Hit by Gloom as Aides Worry Race Is Slipping AwayUkraine’s Black Sea Drone Attacks  ( 33 min )
  • Open

    European Commission Opens Investigation into Adobe's Figma Acquisition
    Lawmakers said they were concerned over the $20 billion Adobe-Figma merger's effect on the market for the supply of interactive product design and digital asset creation tools.  ( 1 min )
    Sage Therapeutics Shares Plummet Following FDA Decision on Depression Drug
    Sage Therapeutic shares fell to an all-time low after the FDA rejected use of its treatment for major depressive disorder.  ( 1 min )
    Trucking Company Yellow Declares Bankruptcy After Union Standoff
    With $1.3 billion in debt and facing a standoff against labour union Teamsters, trucking company Yellow filed for bankruptcy.  ( 1 min )
    Tesla CFO Zach Kirkhorn Steps Down
    Tesla's chief financial officer (CFO) Zach Kirkhorn had helped transform the automaker into a financial powerhouse since 2019. He has stepped down from his position effective Aug. 4.  ( 1 min )
    Campbell Soup Acquires Rao's Pasta Sauce Parent Company for $2.7 Billion
    Campbell Soup Company (CPB) has acquired Sovos Brands, Inc. (SOVO)—the parent company of brands such as Rao's pasta sauces, Noosa Yoghurt and Italian frozen food Michael Angelo's—for $2.7 billion  ( 1 min )
  • Open

    S&P 500 Gains and Losses Today: Stocks Take Off After Earnings Reports
    The S&P 500 snapped a four-day losing streak on Monday, Aug. 7, 2023, rising 0.9% after the latest round of earnings reports.  ( 1 min )
    Markets Mixed at Midday on New Earnings Reports, Upcoming Data
    U.S. equities were mixed at midday on Monday, Aug. 7, 2023, after the latest earnings reports and ahead of key inflation data due later in the week.  ( 1 min )
    5 Things to Know Before Markets Open
    Shares of Yellow dive after the trucking company filed for bankruptcy and Berkshire Hathaway reports a 6% increase in earnings after it boosted its investment income. Here’s what investors need to know today.  ( 1 min )
  • Open

    Top Savings Account Rate Climbs Again, Setting New Record
    Already at a 16-year high, the top savings account rate has climbed again, to 5.25% APY offered by two banks. Another dozen offer yields above 5.00% APY.  ( 19 min )
    Top CDs Today: National Rate Leader Holds at 5.75% But Best 3-Year Rate Dips
    Today's top three nationwide CD rates are 5.75% APY from Andrews Federal Credit Union, 5.60% APY from Northern Bank Direct, and 5.55% APY from Sallie Mae Bank.  ( 18 min )
    Investors Look Past Ratings Downgrade to Run With the Bulls
    According to Investopedia’s latest sentiment survey of our newsletter readers, more investors are expecting higher returns for the U.S. stock market over the next six months, and fewer are expecting losses. Fewer investors are making “safer” choices with their investments and leaning more into stocks.  ( 17 min )
    What Was Third-Round Paycheck Protection Program (PPP) Funding?
    A guide to the third round of PPP funding under the Consolidated Appropriations Act, 2021, and how it differed from the first two rounds.  ( 30 min )
    What Is a Housing Unit? Definition, Recordation, and Statistics
    A housing unit is a single residential unit in a larger structure that is occupied or intended as a separate living quarter.  ( 18 min )
    S&P 500 Gains and Losses Today: Stocks Take Off After Earnings Reports
    The S&P 500 snapped a four-day losing streak on Monday, Aug. 7, 2023, rising 0.9% after the latest round of earnings reports.  ( 17 min )
    Robo-Advisor: Advantages and Disadvantages
    Robo-advisors come in all shapes and sizes. Learn some of the pros and cons of automated financial advisory services.  ( 26 min )
    Party Wall: What They are, How They Work
    In real estate, a party wall is a shared wall that separates housing or business units, such as apartments or office spaces. Party wall agreements govern how the wall is shared.  ( 21 min )
    Dow Jones Today: Index Rebounds with 400-Point Gain
    Following last week’s downward turn, the Dow Jones Industrial Average bounced back, rising 407 points, or 1.2%, as investors readied for new inflation data to close out the week.  ( 17 min )
    Credit Card Debt Falls As Banks Toughen Lending Standards
    For the first time in more than two years, credit card debt is falling, as banks make it more difficult for consumers to put purchases on plastic.  ( 17 min )
    Citibank CD Rates: August 2023
    CDs can be a great tool for a temporary conservative investment, but rates vary widely. Citibank has a variety of CD options, some with competitive rates.  ( 20 min )
    Home Prices are Back to Breaking Records
    If you’re a homebuyer who’s been waiting for prices to come down, you may be waiting for a long time yet, as home prices hit an all-time high in June and could continue climbing in coming months.  ( 17 min )
    Is a Robo-Advisor Right for You?
    A robo-advisor provides low-cost investment services over the internet. Is using a robo-advisor a good idea? We answer that here.  ( 26 min )
    Citizens Bank CD Rates: August 2023
    Citizens Bank offers a 14-month certificate of deposit (CD) account with a decent APY. Learn more about its features and how to open a new account.  ( 19 min )
    European Commission Opens Investigation into Adobe's Figma Acquisition
    Lawmakers said they were concerned over the $20 billion Adobe-Figma merger's effect on the market for the supply of interactive product design and digital asset creation tools.  ( 16 min )
    First Republic Bank CD Rates: August 2023
    First Republic Bank’s CD rates are relatively high, but they have a high minimum balance requirement as well. Learn more and see if First Republic is right for you.  ( 20 min )
    Sage Therapeutics Shares Plummet Following FDA Decision on Depression Drug
    Sage Therapeutic shares fell to an all-time low after the FDA rejected use of its treatment for major depressive disorder.  ( 18 min )
    Viatris Shares Gain on Sales, Divestitures, and FDA Review of Its MS Drug
    Viatris shares advanced after the drugmaker posted better-than-expected results, said it will announce one or more divestitures this quarter, and indicated the FDA agreed to consider approval of its new multiple sclerosis treatment produced with Israel’s Mapi Pharma.  ( 17 min )
    Top Bachelor's Degree for a Hedge Fund Career
    From economics to statistical analysis, certain bachelor's degrees make graduates more qualified for landing highly sought hedge fund jobs.  ( 23 min )
    With Inflation Still Above Targets, Officials Leave Room For Another Hike
    Despite data pointing to an economy approaching a soft landing, inflation rates are still above the Federal Reserve's target of 2%.  ( 18 min )
    Personal Loan Rates & Trends, Week of Aug. 7: Rates Stumble
    Personal loan rates fell sharply this week to 20.65%, dropping 21 basis points since last week when the average personal loan rate sat at 20.86%.  ( 18 min )
    What Robo-Advisors Can and Can't Do for Investors
    Despite their technological sophistication, there are limitations to what robo-advisors can do.  ( 22 min )
    The Impact of Coronavirus Relief Bills on Your Finances
    While many COVID relief measures have expired, some remain in place.  ( 41 min )
    TIAA Bank CD Rates: August 2023
    CDs can be helpful for consumers looking to put their money to work. We reviewed TIAA Bank’s CD rates so you can see if TIAA makes sense for your finances.  ( 20 min )
    PayPal Launches USD-Pegged Stablecoin. Should You Invest?
    Digital payments company PayPal (PYPL) just launched a U.S. dollar-pegged stablecoin called PayPal USD, becoming the latest firm to offer customers a stablecoin payment option.  ( 18 min )
    How to Land a Finance Job with a Bachelor’s Degree
    Following these five tips will help keep your resume out of the recycling bin when applying for a finance job out of college.  ( 29 min )
    University of Michigan Ross School of Business: Overview
    The Stephen M. Ross School of Business is the business school at the University of Michigan, located in Ann Arbor, MI.  ( 20 min )
    Markets Higher at Midday on New Earnings Reports, Upcoming Data
    U.S. equities were higher at midday on Monday, Aug. 7, 2023, after the latest earnings reports and ahead of key inflation data due later in the week.  ( 17 min )
    What You Need to Do Before Applying to College
    Before you make the leap into post-secondary, remember these important factors and handle them accordingly.  ( 23 min )
    USAA CD Rates: August 2023
    USAA Bank offers many competitive CD options that consumers can choose from to fit their financial goals. Find out if USAA Bank CDs are right for you.  ( 20 min )
    Market Value Vs. Intrinsic Value: What's the Difference?
    If a stock's market value is well above its intrinsic value, it may be a red flag or it may not. Here's how to read into the numbers.  ( 18 min )
    Chain Ladder Method (CLM) Definition, Steps to Apply It
    The Chain Ladder Method (CLM) calculates the claims reserve requirement in an insurance company’s financial statement. This actuarial method is one of the most popular reserve methods.  ( 18 min )
    Honor Societies: Overview, Types, and Member Benefits
    Membership in college or university honor societies is commonly offered through invitational only and provides various benefits to members.  ( 20 min )
    BioNTech Revenue Plunges on Falling Demand for COVID-19 Vaccines
    American Depositary Receipts of BioNTech sank as COVID-19 vaccine demand waned and sales of its vaccine plunged.  ( 17 min )
    How Student Loan Forgiveness Affects a Credit Report
    If you receive student loan forgiveness, your debt history is not removed from your credit report.  ( 24 min )
    Tyson Misses Estimates as Sales Slump; Plans to Shut More Plants
    Shares of Tyson Foods tumbled as the giant meat provider posted worst-than-expected results and announced it was closing more production plants to cut costs as sales slipped.  ( 17 min )
    How to Evaluate a Robo-Advisor
    With more financial firms offering automated investing, you have an increasing number of choces if you want or need help managing your assets.  ( 26 min )
    How to Get Paid to Go to School
    Grants and scholarships are available from a variety of sources and can cover many, if not all, of your college costs.  ( 26 min )
    Most Recent Grads Would Reconsider What They Studied for Better ROI
    Current high school students are thinking more strategically about their college education than their predecessors, according to a survey from Fidelity Investments, but do they know enough to make the right decisions?  ( 18 min )
    Robo-Advisor Tax-Loss Harvesting: What it Means, How it Works
    Robo-advisor tax-loss harvesting is the automated selling of securities in a portfolio to deliberately incur losses to offset any capital gains or taxable income.  ( 26 min )
    Tesla CFO Zach Kirkhorn Steps Down
    Tesla's chief financial officer (CFO) Zach Kirkhorn had helped transform the automaker into a financial powerhouse since 2019. He has stepped down from his position effective Aug. 4.  ( 17 min )
    Campbell Soup Acquires Rao's Pasta Sauce Parent Company for $2.7 Billion
    Campbell Soup Company (CPB) has acquired Sovos Brands, Inc. (SOVO)—the parent company of brands such as Rao's pasta sauces, Noosa Yoghurt and Italian frozen food Michael Angelo's—for $2.7 billion  ( 17 min )
    Trucking Company Yellow Declares Bankruptcy After Union Standoff
    With $1.3 billion in debt and facing a standoff against labour union Teamsters, trucking company Yellow filed for bankruptcy.  ( 17 min )
    8 Ways to Get Through Grad School Debt-Free
    As if figuring out what to take in school isn't hard enough, you also have to find a way to pay for it.  ( 22 min )
    What Harvard Actually Costs
    Harvard University may have one of the country’s highest tuition rates, but many students pay far less thanks to a strong financial aid program.  ( 24 min )
    Mortgage Lending for LGBTQ+ People
    Members of the LGBTQ+ community have had a harder time getting home mortgages, although that may be starting to change.  ( 26 min )
    Rates Drop for Almost Every Mortgage Type
    Mortgage rates showed a notable drop across almost every loan type, with the 30-year average reversing course after rising last week to its highest point in almost four weeks.  ( 20 min )
    Paying for College as an LGBTQ+ Student
    LGBTQ+ students may face unique challenges when paying for college, and many end up with excessive student loan debt after graduation.  ( 26 min )
    Taking Investors' Temperatures as the U.S. loses its AAA Credit Rating
    Lindsey Bell, Chief Strategist at 248 Ventures, climbs back aboard The Express to take investors' temperatures following the Fitch credit rating downgrade. What's the message behind the drop from AAA to AA+, and why a potential government shutdown may make matters worse.  ( 19 min )
    The College Degrees You Should Have Gotten
    STEM degrees represent a lot of the top-paying programs, but even a liberal arts education can be a valuable stepping-stone to lucrative careers.  ( 26 min )
    Guide to Finance for LGBTQ+ People
    Members of the LGBTQ+ community face unique financial challenges related to marriage and family planning, debt, insurance, retirement, and more. Learn more about these issues.  ( 28 min )
    5 Things to Know Before Markets Open
    Shares of Yellow dive after the trucking company filed for bankruptcy and Berkshire Hathaway reports a 6% increase in earnings after it boosted its investment income. Here’s what investors need to know today.  ( 18 min )
    Surging U.S. Corporate Bankruptcies Already Surpass Total for All 2022
    Surging U.S. corporate bankruptcies surpass the total for all of 2022 as filings reach pace on par with pandemic, global financial crisis years.  ( 18 min )
    Default Risk: Definition, Types, and Ways to Measure
    Default risk is the risk lenders take that companies or individuals will be unable to make the required payments on their debt obligations. Learn how its measured.  ( 23 min )
    Understanding and Investing in Sovereign Bonds
    A sovereign bond is a debt security issued by a national government to borrow funds.  ( 21 min )
    What Does Investment Grade Mean?
    Investment grade refers to the quality of a company's credit rating, which is based upon the financial strength, future prospects, and past history.  ( 22 min )
    What Is Accelerated Underwriting?
    Accelerated underwriting is a way to get life insurance without a medical exam. Here are the pros and cons of using this system.  ( 22 min )
    What Is a Credit Default Swap (CDS), and How Does It Work?
    A credit default swap (CDS) is a particular type of swap designed to transfer the credit exposure of fixed income products to another party.  ( 25 min )
    What Are Bond Ratings? Definition, Effect on Pricing and Agencies
    A bond rating is a grade given to bonds that indicates their credit quality. Learn how credit rating agencies assign bond ratings.  ( 23 min )
    Loss Cost: What it Means, How to Calculate
    Loss cost is the amount of money an insurer must pay to cover claims and the costs to administer and investigate such claims.  ( 18 min )
    Loss Reserves: What They Are and Examples
    Typically comprised of liquid assets, loss reserves are an asset that allows an insurer to cover claims made against policies it underwrites.  ( 19 min )
    What You Need to Know About Auto Insurance
    Consumer advocate and insurance expert Doug Heller shares the ins and outs of auto insurance to help consumers make informed choices and protect themselves.  ( 29 min )
    8 Common Life Insurance Riders
    Riders are extra benefits that a policyholder can buy to add on to a life insurance policy and provide added protection if you meet their conditions.  ( 24 min )
    International Bond Investing: Definition, Examples, and Risks
    International bonds are usually securities issued in one country but bought by an investor residing in another country and using its local currency.  ( 20 min )
    Net Amount at Risk: What it is, How it Works
    Net amount at risk is the monetary difference between the death benefit paid by a permanent life insurance policy and the accrued cash value.  ( 19 min )
    What Is Personal Liability Insurance? Definition and Coverage
    A policyholder’s personal liability insurance pays for covered losses and damages sustained by third parties, along with related legal costs. Learn how it works.  ( 21 min )
  • Open

    In 100 woorden | Speelt 'plasticsoep' een rol in de opwarming van de oceaan?
    Er drijft minder 'plasticsoep' in de oceanen dan gedacht. Lang geen 50 tot 300 miljoen ton, maar toch nog 3,2 miljoen ton. Een NU.nl-lezer vroeg zich af: heeft dat plastic invloed op de steeds warmer wordende oceaan? Dit zegt onze klimaatverslaggever Rolf Schuttenhelm.  ( 3 min )
    NU+ | Dit vinden jullie van de buurtwinkel: 'Handig, maar absurd duur'
    Buurtwinkels worden in hun voortbestaan bedreigd, meldde NU.nl zondag. Veel NUjij'ers hopen dat ze blijven bestaan, maar gaan zelf meestal naar een grote supermarktketen. Waarom willen ze het één, maar doen ze het ander? Een greep uit de reacties.  ( 5 min )
    Russische hackersgroep legt meerdere Nederlandse websites plat
    De websites van Maastricht Aachen Airport en de vereniging van openbaarvervoerbedrijven zijn maandag moeilijk bereikbaar door een cyberaanval. Een Russische hackersgroep zegt verantwoordelijk te zijn voor de aanval.  ( 3 min )
    NU+ | Dit vinden jullie van de tanende buurtwinkel: 'Handig, maar absurd duur'
    Buurtwinkels worden in hun voortbestaan bedreigd, meldde NU.nl zondag. Veel NUjij'ers hopen dat ze blijven bestaan, maar gaan zelf meestal naar een grote supermarktketen. Waarom willen ze het één, maar doen ze het ander? Een greep uit de reacties.  ( 5 min )
    NU+ | De buurtwinkel passé? Onze lezers zijn fan, maar tegelijkertijd ontevreden
    Buurtwinkels worden in hun voortbestaan bedreigd, meldde NU.nl zondag. Veel NUjij'ers hopen dat ze blijven bestaan, maar gaan zelf meestal naar een grote supermarktketen. Waarom willen ze het één, maar doen ze het ander? Een greep uit de reacties.  ( 5 min )
    Saudi Aramco boekt minder winst vanwege lagere olieprijzen
    Het Saoedische staatsolieconcern Saudi Aramco heeft in het tweede kwartaal fors minder winst geboekt vanwege de lagere olieprijzen. Het bedrijf heeft verder te maken met een lagere productie.  ( 3 min )
    Afvalfonds pleit voor meer inleverpunten statiegeldflessen- en blikjes
    Het Afvalfonds Verpakkingen is 'niet echt tevreden' over het inleveren van plastic flessen met statiegeld. De organisatie pleit in zijn jaarverslag over 2022 voor meer innamepunten.  ( 4 min )
    Nationale-Nederlanden krijgt boete voor foute informatie over pensioenen
    Nationale-Nederlanden heeft tienduizenden klanten verkeerd en te laat geïnformeerd over hun pensioen. Daarom heeft toezichthouder AFM de verzekeringsmaatschappij een boete opgelegd van 425.000 euro.  ( 3 min )
    PostNL ziet rest van 2023 met frisse moed tegemoet vanwege groei pakketjes
    PostNL heeft de afgelopen maanden meer pakketten verwerkt dan verwacht. Daarom is het postbedrijf positiever over de winst voor dit jaar.  ( 3 min )
    Chinese toeristen weten Nederland weer mondjesmaat te vinden
    Nederland heeft dit jaar tot dusver ruim vijfduizend toeristenvisa toegekend aan reizigers uit China. Nu ook daar de coronalockdowns eindelijk voorbij zijn, gaan Chinese toeristen mondjesmaat weer naar Europa op vakantie.  ( 4 min )

  • Open

    Adjusted Earnings: Meaning, Overview, Benefits
    Adjusted earnings provide a measurement of how current performance compares with performance in previous years.  ( 20 min )
    Fuqua School of Business
    Fuqua School of Business is a graduate business school at Duke University in Durham, North Carolina. It routinely ranks in the top 15 business schools.  ( 21 min )
    How to Buy a Car
    Buying a car may be preferable to leasing one. Learn how to buy a car and what’s involved in the process.  ( 24 min )
    Understanding Bond Ratings
    Is the bond you are thinking of buying investment grade or junk? Find out how bonds are rated, who rates them, and how to read the grades.  ( 26 min )
    Does Homeowners Insurance Cover Roof Replacement?
    Most all-perils homeowners insurance policies cover roof replacement if the damage is the result of an act of nature, but not if it's from wear and tear. Learn more.  ( 25 min )
    How to Ask Your Employer to Fund Your Education
    Your company will benefit directly from the new skills and knowledge you acquire. Here's how to make your case for tuition reimbursement.  ( 25 min )
    UNC Kenan-Flagler Business School
    UNC Kenan-Flagler Business School is the University of North Carolina's business school, internationally renowned and recognized for its curriculum.  ( 22 min )
    Magna Cum Laude Definition: Its Meaning, Requirements, and Value
    Magna cum laude is an honorific for a degree earned with great distinction. It means “with great praise” in Latin, and there’s no set grade point average (GPA) to get it.  ( 25 min )
    How Much Should I Spend on a Car?
    Detailed description of how much an individual should consider paying for a car.  ( 21 min )
    Investment Banking vs. Corporate Finance: What's the Difference?
    Investment banking focuses on raising capital while corporate finance deals with day-to-day financial operations.  ( 23 min )
    How to Repay a Perkins Loan
    Students with Perkins loans may be eligible for deferment, cancellation, discharge, or one of four income-driven repayment plans.  ( 26 min )
    Occurrence Policy: What it is, How it Works, Pros and Cons
    An occurrence policy covers claims made for injuries sustained during the life of an insurance policy, even if they're filed after the policy is canceled.  ( 19 min )
    Civil Authority Clause: What it is, How it Works, Example
    A civil authority clause is an insurance provision that outlines whether or not lost income will be reimbursed when a government entity denies access to covered property.  ( 19 min )
    Reinsurance Sidecar: What it Means, How it Works
    Reinsurance sidecars are financial entities that solicit private investment to underwrite a limited book of insurance policies for a limited period.  ( 19 min )
    U.S. Debt by President: Dollar and Percentage
    Here is how much each U.S. president contributed to the U.S. national debt, both by percentage and in dollar amounts.  ( 27 min )
    New Report Affirms Old Warning: Investors Shouldn't Try To 'Time the Market'
    Investors shouldn't try to 'time the market,' as poorly scheduled purchases and sales cost investors a fifth of their potential fund returns in the past decade.  ( 18 min )
    'Barbie' Movie Could Have a Lasting Impact on These Companies
    "Barbie" isn't just one of 2023's biggest box office hits, it could also have a lasting financial impact on companies spanning fashion, entertainment, and home decor.  ( 19 min )
    Kellogg School of Management Definition
    Learn more about the Kellogg School of Management, the business school at Northwestern University.  ( 21 min )
    Federal Direct Loan Program: Definition and How It Works
    The Federal Direct Loan Program is a government program that provides low-interest loans with fixed interest rates to students. Learn how these loans work.  ( 25 min )
    Health Insurance: Definition, How It Works
    Health insurance is a type of contract in which a company agrees to pay some of a consumer's medical expenses in return for payment of a monthly premium.  ( 27 min )
    20 Ways to Save on Medical Bills
    Discover ways to save on your medical bills, trim your prescription costs, reduce billing errors, negotiate with your doctor’s office, and more.  ( 24 min )
    How SBA Loans Can Help Your Small Business
    Whether dealing with COVID-19 or trying to grow your business, a Small Business Administration loan can help. Learn the details and how to apply here.  ( 36 min )
    Is a Trade-In or Down Payment Better When Buying a Car?
    Often buyers choose to trade-in their vehicle rather than selling it privately and separately. Find out why you should always put a down-payment and never trade-in for convenience.  ( 20 min )
    Why Is a Shareholder Rights Plan Called a "Poison Pill?"
    Discover why shareholder rights plans are known as poison pills, and understand their benefits and drawbacks.  ( 19 min )
    2020 Election: Jobs, Trade, and the Economy Explained
    The key economic, investing, and business terms that dominated the 2020 presidential election.  ( 32 min )
    What's the Difference Between Coinsurance and a Copay?
    Copays and coinsurance are two types of out-of-pocket costs, but they vary depending on the health insurance plan you choose.  ( 25 min )
    Who Is Cecilia Rouse?
    Cecilia Rouse is the chairperson of the Council of Economic Advisers.  ( 24 min )
    The Future of Home Ownership
    From instant closings to digitally-enabled design customization, owning a home will be very different in the next 20 years.  ( 24 min )
    An Introduction to Government Loans
    Government loans are either funded directly by the government or made by private lenders and backed by the government. Find out how government loans work.  ( 28 min )
    Assignor: What it Means, How it Works, Example
    An assignor is a person or entity who transfers rights or benefits to another party, the assignee. Read about the rights of the assignor vs assignee.  ( 23 min )
    OpenAI, Other AI Firms Not Yet Ready for IPOs
    Firms will need to build more revenue, demonstrate profitability, and outgrow the value that venture capital is already bringing, experts say.  ( 20 min )
    How to Invest With CDs
    Certificates of deposit (CDs) can be invested for short-term and long-term gain, using strategies that boost the growth potential of these safer instruments.  ( 25 min )
    Sandwich Lease: What it Means, How it Works
    A sandwich lease occurs when a lessee on a property leases to a third party, often as an investment strategy.  ( 21 min )
    Unemployment Insurance (UI): How It Works, Requirements, and Funding
    Unemployment insurance is a benefit for workers who have lost their jobs and meet certain eligibility requirements.  ( 28 min )
    Credit Quality: What it is, How it Works
    Credit quality is a measure of the financial solvency of a person, a company, or a government. Credit scores and credit ratings are measures of credit quality.  ( 22 min )
    Continuing Claims Definition
    Continuing claims refers to the number of people who have already filed an initial claim and are still filing for unemployment benefits.  ( 22 min )
    Homeowners Insurance Declaration Page
    A homeowners insurance declaration page is a summary of the key facts about your policy. Here’s how to read yours and what it means.  ( 22 min )
    Rent Expense: Definition, How It Works, and Types of Cost
    Rent expense is the cost incurred by a business to utilize a property as an office, factory, storage, retail space, or general use space.  ( 23 min )
  • Open

    Analysis-China can no longer 'extend and pretend' on municipal debt
    China's promised "basket of measures" to defuse local government debt risks is likely to include special bond issuance, debt swaps, loan rollovers, and something Beijing really loathes: dipping into the central budget. Local governments are fundamental to China's economy, with Beijing tasking provincial and city officials with meeting ambitious growth targets. Chinese leaders last month pledged, without detailing, to help ease their debts, signalling worries over a potential chain of municipal debt defaults destabilising the financial sector.  ( 32 min )
    Goldman Sachs Says Now Could Be the Best Time to Buy These 2 Stocks — Here’s Why They’re on the Conviction List
    This year started with a red-hot stock market, there is no question of that. Since the start of 2023, even accounting for losses last week, the S&P 500 shows a year-to-date gain of 17%, and the NASDAQ is up 33%. Currently, the gains are narrow, mainly relying on a handful of deep-pocketed, big-name tech firms, but there’s a likelihood that investor money will start spreading more widely. If the bull market does widen out, it will raise the question of which stocks to buy. This is where Goldman S  ( 34 min )
    Pollo Tropical Restaurant Chain to Be Sold
    Authentic Restaurant Brands is expected to buy Fiesta Restaurant Group for $225 million.  ( 25 min )
    How Long Will the Oil Price Rally Last?
    Falling inventories and tighter supply have lifted oil prices in recent days, but how long will the rally last?  ( 32 min )
    Stocks Poised for Higher Open
    The Bureau of Labor Statistics will release the consumer price index for July on Thursday, and the producer price index for July on Friday.  ( 27 min )
    Markets yield to U.S. curve
    A clutch of top-tier Chinese economic data, second-quarter growth figures from Indonesia and the Philippines, and an Indian interest rate decision are the main events in Asia this week, with markets highly sensitive to rising global bond yields. The Nasdaq, S&P 500 and MSCI World index last week all registered their biggest weekly losses since March, and the MSCI Asia ex-Japan index's 2.3% fall was its biggest in six weeks. Driving the deterioration in risk appetite is the surge in global bond yields, especially U.S. market-based borrowing costs as the long end of the Treasury curve came under intense selling pressure.  ( 31 min )
    The Stock Market’s Rally Paused. It’s Time to Buy the Dip.
    Strategists have been rushing to catch up with the market, but stocks had other things in mind.  ( 26 min )
    Warren Buffett is trying to tell us something about the economy with Berkshire Hathaway’s earnings and the $147 billion of cash on hand
    Berkshire's growing hoard of cash, nearing a record level, is an ongoing “problem” for Buffett—albeit a nice one to have.  ( 32 min )
    New Report Affirms Old Warning: Investors Shouldn't Try To 'Time the Market'
    Investors shouldn't try to 'time the market,' as poorly scheduled purchases and sales cost investors a fifth of their potential fund returns in the past decade.  ( 19 min )
    Disney, UPS, BioNTech, Palantir, and More Stocks to Watch This Week
    Earnings season rolls along this week, with reports also due from Paramount, Eli Lilly, Wynn Resorts, and many more. And look out for crucial inflation indicators in economic data to be released at week's end.  ( 27 min )
    Daimler Truck CFO Jochen Goetz dies in 'tragic accident'
    FRANKFURT (Reuters) -Daimler Truck's Chief Financial Officer Jochen Goetz has died in a "tragic accident," the company said on Sunday. Goetz, 52, died on Saturday, a statement said, without giving details of the accident. Goetz spent his entire professional career, spanning more than 36 years, in the Daimler Group, and was largely responsible for the successful spin-off of Daimler Truck Holding from what is now the Mercedes-Benz Group in December 2021.  ( 31 min )
    What will trigger the next tech IPO boom? It's not SoftBank's chipmaker Arm
    The tech IPO drought is likely over, but don't expect a flood either.  ( 33 min )
    The five biggest things that confuse Americans about retirement
    Many have no idea how much they should save or how to invest whatever money they sock away.  ( 35 min )
    Inflation and Disney: What to watch this week
    The week ahead will feature a crucial inflation report and earnings out of Disney, UPS, and Alibaba as second quarter earnings season winds down.  ( 35 min )
    Saudi Wealth Fund Takes $15.6 Billion Hit From SoftBank and Tech
    (Bloomberg) -- Saudi Arabia’s sovereign wealth fund reported a $15.6 billion comprehensive loss for 2022 after the value of its investments in SoftBank Vision Fund plunged and other tech ventures were hit by a market downturn.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampDeSantis Camp Hit by Gloom as Aides Worry Race Is Slipping AwayDan Loeb Surrendered but Meme Army Still Hits Bears for Million  ( 32 min )
    Disney, UPS earnings, consumer inflation, Cadillac's new Escalade in week ahead
    Two key reports on inflation, the CPI and PPI, are due this week as are a host of quarterly earnings, including Disney, Tyson Foods, Beyond Meat, Rivian and UPS.  ( 32 min )
    How Retirement Plans Should Protect Employees From Themselves
    The design of 401(k)s and other retirement savings plans too often lead employees to make financially harmful mistakes. It doesn’t have to be that way.  ( 26 min )
    Paramount set to report Q2 earnings as advertising hurdles, cash flow issues mount
    Paramount Global is set to report second quarter earnings after the bell on Monday. Here's what to expect.  ( 33 min )
    In Istanbul’s Grand Bazaar, Demand for Gold and Dollars Soars
    People are pouring money into assets that they see as a safer bet than the Turkish lira, which has declined by more than 80% in the past five years.  ( 23 min )
    Poland Detects Leak in a Section of Druzhba Pipe to Germany
    (Bloomberg) -- Poland has stopped shipping oil through part of the western section of the Druzhba pipeline that sends crude to Germany after a leak was detected late Saturday, according to Polish pipeline operator PERN.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatChina Embassy Rips ‘Brutal’ Russia Border Incident in Rare MoveThe Most Dangerous Job for Lawyers Is Being on Trump’s Legal TeamMallorca’s Prime Housing Market Gets Boost From American BuyersNetany  ( 30 min )
    Dan Loeb Surrendered but Meme Army Still Hits Bears for Millions
    (Bloomberg) -- Dan Loeb is hardly the first Wall Street titan to lament how meme stock traders have made short selling a perilous endeavor. But that Loeb, who runs the hedge fund Third Point LLC, did so now is what’s interesting.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatChina Embassy Rips ‘Brutal’ Russia Border Incident in Rare MoveThe Most Dangerous Job for Lawyers Is Being on Trump’s Legal TeamMallorca’s Prime Housing Market Gets Boost From American Bu  ( 33 min )
    How Do I Calculate Spousal Social Security Benefits?
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    Gas mogul who redrew energy map clings to Aspen ranch after loans come due
    Charif Souki pioneered the American LNG boom but now warns of homelessness in battle with UBS  ( 6 min )
    Prospective Yellow bankruptcy may pile on two OP office properties already on CMBS watchlist
    Yellow's apparently impending bankruptcy filing could further disrupt two #OverlandPark office properties — where the trucker leases more than 400,000 square feet — already under scrutiny from loan servicers.  ( 13 min )
    Big Oil’s Talent Crisis: High Salaries Are No Longer Enough
    Energy companies scramble to attract engineers as young workers fret over climate and job security.  ( 22 min )
    JEPI Fans Take Note. There’s a New 10% Dividend Yield Competitor in Town
    The JPMorgan Equity Premium Income ETF’s (NYSEARCA:JEPI) combination of high yield and monthly payments has quickly made it one of the market’s most popular ETFs. Investors who like JEPI’s style now have another high-yield competitor to consider — the NEOS S&P 500 High Income ETF (BATS:SPYI), which also pays on a monthly basis and yields 10.7%. Let’s take a closer look at this intriguing new option for high-yield investors. What is SPYI ETF’s Strategy? Launched in August of 2022, SPYI is still a  ( 34 min )
    Only a cheaper rupee can spur Indian growth
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Did US inflation accelerate last month?
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Giant Fund Slashed Apple Stock Investment, Bought Tesla, Nvidia
    AustralianSuper, one of the world’s largest pensions, halved its Apple stock investment and sold Microsoft stock, while buying shares of Tesla and Nvidia.  ( 26 min )
    Is There a Limit to Americans’ Self-Storage Addiction? Billions of Dollars Say Nope
    As a pandemic-inspired boom ends, entrepreneurs and giant corporations alike are counting on customers to keep accumulating more stuff than they can squeeze into their homes.  ( 23 min )
    Main Street Capital Corp. to launch second private loan fund
    During its second quarter earnings call, Main Street Capital Corp. announced it has made substantial progress on closing its second private loan investment fund.  ( 10 min )
    Pfizer’s Covid Boost Crashes to Earth
    With the company’s pandemic lift from the Covid-19 vaccine and drug sales over, Pfizer CEO Albert Bourla is betting on new drug approvals and deals.  ( 23 min )
    Breaking Down the Worst Earnings Quarter in Years
    A look at how companies and sectors performed in the second quarter of 2023.  ( 21 min )
    America’s Truckers, Cargo Pilots and Package Carriers Are Fed Up
    Inflation and resentment are stoking heightened labor activism, with FedEx pilots rejecting a union-brokered deal.  ( 26 min )
    Investors Bet That High Rates Will Linger
    ‘Bear steepening’ trade drives 10-year Treasury yield close to a decade-plus high.  ( 26 min )
    Tech war: China's memory chip efforts face stronger headwinds as Micron, Samsung, SK Hynix race ahead on AI
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    US Inflation Data May Offer Some Comfort to the Fed
    (Bloomberg) -- A closely watched measure of US inflation will probably illustrate more of the moderate price growth that the Federal Reserve wants to see sustained.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatChina Embassy Rips ‘Brutal’ Russia Border Incident in Rare MoveThe Most Dangerous Job for Lawyers Is Being on Trump’s Legal TeamMallorca’s Prime Housing Market Gets Boost From American BuyersBerkshire Operating Earnings Jump on Insurance StrengthThe co  ( 35 min )
    The China threat that’s already here – and on our roads
    The presenters of Top Gear pulled no punches as they ridiculed Chinese cars on a visit to the country just over a decade ago.  ( 40 min )
    Fed’s Bowman Signals More Rate Hikes May Be Needed
    (Bloomberg) -- Federal Reserve Governor Michelle Bowman said the US central bank may need to raise rates further in order to fully restore price stability.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatChina Embassy Rips ‘Brutal’ Russia Border Incident in Rare MoveThe Most Dangerous Job for Lawyers Is Being on Trump’s Legal TeamBerkshire Operating Earnings Jump on Insurance StrengthMallorca’s Prime Housing Market Gets Boost From American Buyers“Additional rat  ( 31 min )
    Miner Rio Tinto to test ‘new frontiers’ as copper age dawns
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )
    Musk's X to pay legal bills of people 'unfairly treated' for posting on platform
    "If you were unfairly treated by your employer due to posting or liking something on this platform, we will fund your legal bill," Musk said in a post on X late on Saturday, adding that there will be no limits to funding the bills. "And we won't just sue, it will be extremely loud and we will go after the boards of directors of the companies too," Musk said later in response to a post about nothing changing behavior in the U.S. faster than a threat of legal action. Late last month, Musk said that monthly users of X reached a "new high" and shared a graph that showed the latest count as over 540 million.  ( 30 min )
    What Meta, Amazon, Google, Apple and AMD Are Saying About AI
    The AI hype is real, and based on their latest earnings reports, all of the multibillion-dollar behemoths of tech sector are going all in.  ( 32 min )
    China Is Losing Out as Global Funds Chase Returns in Japan Stocks
    (Bloomberg) -- Japan is leaving China behind as Asia’s two largest stock markets compete for investor capital, with the latter’s prospects clouded by long-running concerns about economic growth and geopolitical tensions with the West.Most Read from BloombergChina Embassy Rips ‘Brutal’ Russia Border Incident in Rare MoveBerkshire Operating Earnings Jump on Insurance StrengthProsecutors Alert Judge to Trump’s ‘Coming After You!’ PostThe Most Dangerous Job for Lawyers Is Being on Trump’s Legal Team  ( 33 min )
  • Open

    New Report Affirms Old Warning: Investors Shouldn't Try To 'Time the Market'
    Investors shouldn't try to 'time the market,' as poorly scheduled purchases and sales cost investors a fifth of their potential fund returns in the past decade.  ( 1 min )
  • Open

    'Barbie' Movie Could Have a Lasting Impact on These Companies
    "Barbie" isn't just one of 2023's biggest box office hits, it could also have a lasting financial impact on companies spanning fashion, entertainment, and home decor.  ( 1 min )
  • Open

    NU+ | Als Musk van X een WeChat-kloon wil maken, wacht hem kolossale taak
    Elon Musk is bezig het merk Twitter uit te wissen. Hij vervangt het beetje bij beetje in X, een app waarmee alles kan: van berichten sturen tot geld overmaken. Dat doet denken aan het Chinese WeChat. Wat kunnen we verwachten?  ( 5 min )
    Auto-industrie roept Duitsland op meer laadpunten bij te bouwen
    Duitsland moet het aantal openbare oplaadpunten voor elektrische auto's drastisch verhogen om de verkoop van stekkerwagens bij te benen. Die oproep deed de Duitse vereniging voor de auto-industrie dit weekend.  ( 4 min )
    Buurtwinkels houden hoofd amper boven water
    Buurtwinkels in ons land staan zwaar onder druk en verdwijnen steeds vaker uit het straatbeeld. Vooral kleine ondernemers in dorpen en kleine gemeenten moeten noodgedwongen hun deuren sluiten. In de afgelopen vier jaar ging het om honderden winkels.  ( 5 min )
    NU+ | Met de trein de grens over is vaak duur, maar dat hoeft niet
    Reizen met de trein wordt steeds populairder, vooral onder mensen die klimaatvriendelijk op vakantie willen. Waar moet je op letten als je zo'n treinreis gaat boeken?  ( 4 min )
    Buurtwinkels verdwijnen steeds vaker uit straatbeeld in kleine gemeenten
    Buurtwinkels in ons land staan zwaar onder druk en verdwijnen steeds vaker uit het straatbeeld. Vooral kleine ondernemers in dorpen en kleine gemeenten moeten noodgedwongen hun deuren sluiten. In de afgelopen vier jaar ging het om honderden winkels.  ( 5 min )

  • Open

    College Level Examination Program (CLEP) Definition
    The College Level Examination Program enables students to earn college credit for introductory-level courses through self-study and proctored or remote testing.  ( 20 min )
    Wharton School Definition
    The Wharton School is the business school at the University of Pennsylvania. It is one of the most prestigious schools in the world.  ( 21 min )
    How to Get Your Student Loans Forgiven
    Income-based repayment plans and forgiveness for public service employees can help you erase student debt.  ( 36 min )
    B-School: What It Is, How It Works, Pros and Cons
    In the business and finance industries, “B-School” is an abbreviated term for programs at colleges and universities specializing in business subjects.  ( 21 min )
    Vandalism and Malicious Mischief Insurance: How it Works
    Vandalism and malicious mischief insurance is a type of insurance coverage that protects against losses sustained as a result of vandals.  ( 21 min )
    Education vs. Experience: Which One Gets the Job?
    Is work experience or education more important for getting a good job? It depends on the field, but more education generally means more income.  ( 25 min )
    How to Save on Homeowners Insurance
    Homeowners insurance provides peace of mind if disaster strikes, but the average cost is about $1,200 a year. Find out how to save money on your homeowners insurance.  ( 23 min )
    What Are the Rules for CD Beneficiaries?
    CD beneficiaries inherit account balances when the account owner passes away. Learn what rules apply to CD beneficiaries.  ( 23 min )
    Return on Equity (ROE) vs. Return on Capital (ROC): What's the Difference?
    Return on equity (ROE) vs. return on capital (ROC) are two distinctly different formulas, as one includes only combined profit while the other considers debt.  ( 20 min )
    Why You Should Never Short a Stock
    Short selling a stock means you are betting on the stock decreasing in price. Before taking on this investment, you should fully understand the risks.  ( 20 min )
    10 of the Most Famous Traders of All Time
    A review of the most famous traders and infamous traders in history and how they affected the trading world, how they got their starts and what they're up to today.  ( 23 min )
    Casualty Insurance: Definition, Types, Examples
    Casualty insurance is a broad category of coverage against loss of property, damage or other liabilities. This includes workers' compensation.  ( 22 min )
    How To Double Your Money Every 6 Years
    Investing according to the rule of 72 is a good starting point for achieving your saving goals.  ( 19 min )
    Graduate Management Admission Test (GMAT): Definition, vs. GRE
    The graduate management admission test is an examination many business schools use to assess an applicant's aptitude in business reasoning and decision-making.  ( 22 min )
    Top 5 Positions in Warren Buffett's Portfolio
    Find out which stocks are the largest positions in Warren Buffett's portfolio.  ( 25 min )
    6 Good Reasons to Get Renter's Insurance
    If you rent, you still need insurance for personal property and if anyone is injured at your place. It even covers losses when you travel.  ( 21 min )
    Buffett's Berkshire Hathaway Swings to $36B Profit, Apple Stake Swells in Q2
    Warren Buffett's Berkshire Hathaway reported net income of $35.91 billion for the second quarter, boosted by stock holdings such as Apple.  ( 17 min )
    Does Warren Buffett invest in gold? Why or why not?
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    The Impact of Defaulting on a Student Loan
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    What Is Commercial Insurance?
    Commercial insurance, or business insurance, is coverage purchased by businesses to protect them from the costs of unexpected events during normal operations.  ( 21 min )
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    Reality star Kylie Jenner just launched her own line of Bratz dolls. Jenner has a net worth of $680 million as of August 2023, thanks to her successful makeup brand, Kylie Cosmetics.  ( 19 min )
    How Many CD Terms Are There?
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    What Are the Benefits of Credit Ratings?
    Credit ratings are an important tool for borrowers, both individuals and corporations. Learn about the benefits to having a good credit rating and how to improve it.  ( 21 min )
    These 10 Countries Now Have Better Credit Ratings Than The United States
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    4 Basic Things to Know About Bonds
    Learn the basic lingo of bonds to unveil familiar market dynamics and open to the door to becoming a competent bond investor.  ( 28 min )
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    In a first-loss policy, the insured agrees to take less than full value for damaged property in return for not being penalized for under-insuring the property.  ( 22 min )
    Best's Capital Adequacy Relativity (BCAR): Meaning, How it Works
    Best's Capital Adequacy Relativity (BCAR) is a rating of an insurance company’s balance sheet strength. It examines an insurer’s leverage, underwriting activities, and financial performance.  ( 19 min )
    Additional Living Expense (ALE) Insurance: Meaning, Examples
    Additional living expense insurance covers additional costs of living incurred by a policyholder who is temporarily displaced from their place of residence.  ( 23 min )
    Paid Family and Medical Leave (PFML) by State
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    Is the Iraqi Dinar a Wise Investment?
    The Iraqi dinar is a hot investment—but is it a wise one?  ( 23 min )
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    HUD homes have been acquired by the federal government after foreclosure on an FHA-insured mortgage. Learn more about the benefits and risks of buying one.  ( 31 min )
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    Avoid these common pitfalls if you're considering investing in rental property.  ( 23 min )
    Chief Operating Officer (COO): Definition, Types, Qualifications
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    Renters Insurance: What it Means, How it Works
    Renters insurance is property insurance that covers a policyholder’s belongings, liability, and possibly living expenses in case of a loss event.  ( 22 min )
  • Open

    Warren Buffett is struggling to find bargains, Berkshire Hathaway's 2nd-quarter earnings show
    Buffett's company sold a net $8 billion of stocks and only spent $1.4 billion on buybacks last quarter, meaning its cash pile swelled to $147 billion.  ( 31 min )
    More firms on Wall Street are bracing for a stock sell-off. Here's why JPMorgan, Wells Fargo, and others say the market's huge gains are at risk.
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    ‘Tough Week’ Leaves Bond Traders Girding for Another Key Stretch
    (Bloomberg) -- Bond traders who just navigated their rockiest stretch in months will get little respite in the days ahead, which bring the biggest Treasury refunding slate since last year and a pivotal inflation reading.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatChina Embassy Rips ‘Brutal’ Russia Border Incident in Rare MoveThe Most Dangerous Job for Lawyers Is Being on Trump’s Legal TeamBerkshire Operating Earnings Jump on Insurance StrengthMallorca’s Pr  ( 32 min )
    World Gold Council on What Drives the Shiny Metal’s Price
    (Bloomberg) -- During periods of turmoil, gold tends to make headlines as fans of the precious metal argue it can act as a safe haven. But is it also an inflation hedge? Is it considered a risk asset? Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatChina Embassy Rips ‘Brutal’ Russia Border Incident in Rare MoveThe Most Dangerous Job for Lawyers Is Being on Trump’s Legal TeamMallorca’s Prime Housing Market Gets Boost From American BuyersBerkshire Operating Earn  ( 34 min )
    Dow Jones Futures: What To Do After Market Skids; 5 Stocks Near Buy Points
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    Student loan borrowers brace for 'the wave' as payments restart
    With federal student loan payments resuming in October, many borrowers are wondering how they will be able to keep up.  ( 35 min )
    Top 5 Positions in Warren Buffett's Portfolio
    Find out which stocks are the largest positions in Warren Buffett's portfolio.  ( 25 min )
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    Warren Buffett's Berkshire Hathaway reported net income of $35.91 billion for the second quarter, boosted by stock holdings such as Apple.  ( 18 min )
    Fed's Bowman says more US rate hikes likely will be needed
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    Saudis Boost Most Oil Prices to Asia, Europe as Market Tightens
    (Bloomberg) -- Saudi Arabia raised nearly all oil prices for September to Asia and Europe as supply restrictions and rising demand tightens the crude market.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatChina Embassy Rips ‘Brutal’ Russia Border Incident in Rare MoveThe Most Dangerous Job for Lawyers Is Being on Trump’s Legal TeamBerkshire Operating Earnings Jump on Insurance StrengthMallorca’s Prime Housing Market Gets Boost From American BuyersState-owned S  ( 31 min )
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    Investors had largely ignored Apple’s valuation problem. Then in a single day they erased $130 billion in market cap.
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    7 Money Traps College Students Should Avoid
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    Is Google Stock A Buy As AI Investments Aim To Drive Ad, Cloud Growth?
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    I'm Retired. How Can I Lower My Social Security Taxes?
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    I'm Retired. How Much Should I Keep in Stocks, Bonds and Cash?
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    Ask an Advisor: I'm Way Behind on Retirement Savings. What Do I Do?
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    Ask an Advisor: When Taking RMDs, How Do I Avoid Locking in Losses? I'll Be 72 Years Old Soon, and My Stocks Are ‘Way Down' This Year
    No content preview
    Ask an Advisor: Should I Stop Reinvesting Dividends?
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    Ask an Advisor: I'm 63, Have No Retirement Savings and Will Rely on Social Security. How Do I Begin Saving? Is It Too Late to Start Investing ‘This Late in the Game'?
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    The stock market's next challenge: August doldrums
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    Berkshire Operating Earnings Rise on Insurance Strength
    (Bloomberg) -- Warren Buffett’s Berkshire Hathaway Inc. posted $10.04 billion in second-quarter operating profit as strength in its insurance businesses helped counter inflationary pressures that have weighed on the sprawling conglomerate in the last year. Most Read from BloombergChina Embassy Rips ‘Brutal’ Russia Border Incident in Rare MoveS&P 500 Wipes Out Almost 1% Gain; Bond Yields Drop: Markets WrapTrump Cites Self Incrimination Concern in Lawsuit Against CohenSouth Africa Spurns US Pressu  ( 31 min )
    Berkshire posts record operating profit, $35.9 billion of net income
    Berkshire Hathaway on Saturday posted its highest-ever quarterly operating profit, bolstered by improved results in its insurance businesses, while gains from stock holdings helped the conglomerate led by billionaire Warren Buffett swing to a nearly $36 billion overall profit. Operating profit rose 7% to $10.04 billion, or about $6,938 per Class A share, from $9.42 billion a year earlier. Net income totaled $35.91 billion, or $24,775 per Class A share, compared with a year-earlier $43.62 billion loss.  ( 29 min )
    Don’t Blame Fitch for Huge U.S. Deficits. Here’s What the Government Could Do.
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    Berkshire Hathaway’s Profits Rise
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    AI Play Oracle, Amazon Rival Lead 5 Stocks Near Buy Points
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    Earnings Beat of the Week: Toyota Nearly Doubled Its Operating Profit
    Toyota, the world's top-selling automaker, nearly doubled its operating profit from a year earlier as better pricing, productivity gains, and supply-chain improvements boosted sales.  ( 19 min )
    Meme Stocks Are a Thing—Again
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    AI will bring 'carnage' to wealth management, strategist says
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    These 10 Countries Now Have Better Credit Ratings Than The United States
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    Factbox-India's measures targeting Chinese products and investment
    India said on Friday it would defer the imposition of a licensing requirement for imports of laptops, tablets and personal computers by three months - partially reversing the surprise decision it announced a day earlier. While India has not said the new requirement is aimed at China, more than half of its roughly $10 billion in annual imports of personal computers and tablets are Chinese-made. Several Indian government officials, who asked not to be named, said the licensing measure aimed to address a trade imbalance with China.  ( 31 min )
    The hedge fund titan who’s been watching for ‘black swans’ for decades says the ‘greatest credit bubble in human history’ is set to pop—but he’s not worried
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    US stocks fall after erasing earlier gains as Apple sells off on earnings
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    Another Big Chinese Property Domino Is Wobbling
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    Is the Iraqi Dinar a Wise Investment?
    The Iraqi dinar is a hot investment—but is it a wise one?  ( 23 min )
  • Open

    Bekende Amerikaanse belegger Buffett kan flinke miljardenwinst bijschrijven
    De bekende Amerikaanse belegger Warren Buffett heeft in het tweede kwartaal een forse winst in de boeken kunnen zetten bij zijn investeringsvehikel Berkshire Hathaway. Onder de streep hield het bedrijf zo'n 36 miljard dollar over.  ( 4 min )
    NU+ | Als Musk van X een WeChat-kloon wil maken, wacht hem een kolossale taak
    Elon Musk is bezig het merk Twitter uit te wissen. Hij vervangt het beetje bij beetje in X, een app waarmee alles kan: van berichten sturen tot geld overmaken. Dat doet denken aan het Chinese WeChat. Wat kunnen we verwachten?  ( 5 min )
    Klokkenluider Panama Papers wil miljoenen zien voor lekken documenten
    De klokkenluider die de Panama Papers in 2016 lekte aan de Süddeutsche Zeitung eist 14,5 miljoen euro van de Duitse politie. De Duitse politie zou namelijk een beloning van miljoenen euro's hebben bemiddeld voor de klokkenluider.  ( 3 min )
    iPhone-maker Foxconn ziet vraag toenemen na magere periode
    iPhone-producent Foxconn, een van 's werelds grootste elektronicafabrikanten, voorspelt dat de verkopen in de komende maanden zullen aantrekken na de dip in de eerste helft van dit jaar. Dat lijkt een gunstig teken voor Apple, waarvoor Foxconn veel apparatuur maakt.  ( 3 min )
    Grieks staatspapier wordt jaren na crisis niet meer als rommel gezien
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    NASA heeft na 'foutje' weer contact met 46 jaar oude ruimtesonde Voyager 2
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    Amerikaanse rechter schrapt deel aanklachten in grote zaak tegen Google
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    Vakantieganger die nog snel naar de zon wil heeft weinig te kiezen
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    NU+ | Koplopers: Elektrische bouwmachines opladen zonder file op stroomnet
    In de serie Koplopers bezoekt NU.nl deze zomer duurzame projecten die ons een kijkje in de toekomst van energie, voedsel en bouw geven. Deze week: het grote laadplein dat een uitstootvrije bouwplaats mogelijk maakt, zonder files op het stroomnet te creëren.  ( 4 min )
    NU+ | Koplopers: Elektrische bouwmachines opladen zonder file op het stroomnet
    In de serie Koplopers bezoekt NU.nl deze zomer duurzame projecten die ons een kijkje in de toekomst van energie, voedsel en bouw geven. Deze week: het grote laadplein dat een uitstootvrije bouwplaats mogelijk maakt, zonder files op het stroomnet te creëren.  ( 4 min )
    In deze landen tank je deze zomer het goedkoopst
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  • Open

    Earnings Beat of the Week: Toyota Nearly Doubled Its Operating Profit
    Toyota, the world's top-selling automaker, nearly doubled its operating profit from a year earlier as better pricing, productivity gains, and supply-chain improvements boosted sales.  ( 1 min )

  • Open

    What Happens When Your Student Loans Are Forgiven?
    If the U.S. Supreme Court rules in favor of President Biden’s student loan forgiveness plan, the Department of Education will notify lenders which borrowers are eligible for up to $20,000 in debt relief.  ( 26 min )
    Investing In The Healthcare Sector
    Perform a thorough checkup to uncover a medical stock with a clean bill of health.  ( 24 min )
    Top CD Rates Today: Best 3-Month Rate Rises, 18-Month Leader Drops
    Today's top three nationwide CD rates are 5.75% APY from Andrews Federal Credit Union, 5.60% APY from Northern Bank Direct, and 5.55% APY from Sallie Mae Bank.  ( 18 min )
    Automatic Premium Loan: Meaning, Overview and FAQs
    An automatic premium loan is an insurance policy provision that lets an insurer deduct an outstanding premium from the cash value of a policy.  ( 20 min )
    S&P 500 Gains and Losses Today: Stocks Lose Ground as Hiring Slows
    The S&P 500 fell 0.5% on Friday, Aug. 4, 2023, after the Labor Department's latest jobs report showed the pace of hiring slowed.  ( 17 min )
    Sovereign Bond Yield: What It Is, How It Works
    Sovereign bond yield is the interest rate paid to the buyer of the bond by the government, or sovereign entity, issuing that debt instrument.  ( 21 min )
    How Education and Training Affect the Economy
    Education and training benefit not only the worker but also the employer and the country as a whole.  ( 31 min )
    What Type of Brokerage Account Is Right for You?
    Which type of brokerage you choose depends on your needs and preferences. Find out the benefits of human, self-directed, and robo-advisors.  ( 29 min )
    Robo-Advisors and Young Investors
    While robo-advisors can certainly be a good option, young investors shouldn't be completely opposed to hiring a financial advisor.  ( 26 min )
    4 Degrees Most Oil Companies Are Looking For
    Find out which four degrees oil companies want to see on the resumes of new hires, and find out why the industry still pursues these graduates.  ( 20 min )
    I Lost My Share Certificate. Do I Still Own the Stock?
    Regardless of whether a shareholder loses their stock certificate, that person still owns the shares.  ( 19 min )
    What Happens If My Student Loans Are Not Forgiven?
    The student loan forgiveness program is dead, given the Supreme Court ruling against it. You may have other options for relief, including some brand-new ones.  ( 26 min )
    Icahn Enterprises Shares Slump After Slashing Its Dividend Following Short-Seller Attack
    Shares of Icahn Enterprises tumbled after the investment firm cut its dividend in half in the wake of criticism from Hindenburg Research.  ( 18 min )
    How To Invest In the Saudi Arabia Stock Exchange
    Only the biggest foreign investors may buy Saudi stocks directly. Non-billionaires can find exchange-traded funds that focus on Mideast investments.  ( 19 min )
    Introducing Pink: The OTC Open Market
    The Pink market is an electronic over-the-counter market that connects brokers and dealers for trading in stocks. Learn the Pink market's risks and advantages.  ( 24 min )
    Unemployment Claim: Meaning, FAQs
    An unemployment claim is a request an individual makes to a state government to receive temporary payments after having been laid off from a job.  ( 23 min )
    Markets Higher Midday After Upbeat Earnings, July Jobs Report
    U.S. equities were higher at midday on Friday, Aug. 4, 2023 on the back of strong earnings reports, while a cooler-than-expected July jobs report raised optimism the Fed could ease back on its campaign of rate hikes to cool inflation.  ( 16 min )
    Are Kelley Blue Book Values Accurate and Reliable?
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    Everything You Need to Know About Junk Bonds
    Despite their name, junk bonds can be profitable for informed investors, but their higher returns come with higher risks.  ( 24 min )
    How DOE Delaying Replenishing Strategic Petroleum Reserve Will Impact Prices
    The Energy Department recently canceled a planned purchase of 6 million barrels of crude oil for the nation's Strategic Petroleum Reserve (SPR) amid high oil prices.  ( 18 min )
    Robo-Advisors and Impact Investing: What You Need to Know
    Socially responsible and ESG investing are gaining traction, especially with younger investors who also may be attracted to the technologically-focused investment platforms that robo-advisors provide.  ( 25 min )
    Mortgage Rates Jump, 15-Year Average Hits 4-Week High
    Mortgage rates jumped higher, with the 30-year average rising for a third day and 15-year rates reaching a four-week high. Meanwhile, the 30-year refi average dipped.  ( 20 min )
    6 Outrageous Political Earmarks
    Find out why this type of funding is so controversial and where it has gone wrong in the past.  ( 23 min )
    Understanding Japanese Keiretsu
    There is a structure of major companies in Japan, known as keiretsu, and it is steeped in tradition and relationships.  ( 22 min )
    Toyota and Pony.ai Team Up To Produce Robotaxis in China
    Toyota, GAC-Toyota, and Pony.ai will invest $140 million to manufacture a fleet of driverless taxis in China.  ( 16 min )
    Understanding Treasury Yields and Interest Rates
    Understanding the factors behind Treasury yields and interest rates is crucial for an investor.  ( 27 min )
    Two-Thirds of Investors Think the U.S. is in a Recession—But Report Optimism
    Halfway through a economically confusing and, at times, turbulent 2023, many investors are questioning how they should proceed with their investment strategy  ( 17 min )
    CDC Reported Insured Americans at Record High in Q1 Just Before Medicaid Rules Changed
    The uninsured rate fell to 7.7% in the first quarter of 2023, down from 8.3% in the last quarter of 2022. However, a pandemic-era rule expiration means that 3.9 people may have lost Medicaid coverage since April, possibly driving the uninsured rate back up.  ( 18 min )
    How Twitter Makes Money
    Even after the company’s rocky acquisition by Elon Musk, Twitter’s main streams of revenue are still advertising and data licensing.  ( 25 min )
    Amazon Stock Jumps After Earnings Beat, Ad Revenues Offset Slower Cloud Growth
    Amazon shares jumped after the company reported stronger than expected earnings, with robust ad revenue helping to offset slower growth in cloud.  ( 17 min )
    Apple Earnings Beat Estimates as Service Revenue Offsets iPhone Sales Drag
    Apple reported better-than-expected services revenue in Q3 2023, helping boost net income even as falling iPhone sales led to a third straight quarter of net product revenue declines.  ( 19 min )
    5 Things to Know Before Markets Open
    Job growth is projected to slow and Amazon shares are soaring after the ecommerce giant blew by analyst revenue expectations. Here’s what investors need to know today.  ( 19 min )
    A Quick Guide on How to Insure Jewelry
    What you need to know to keep those baubles, bangles, and beads safe.  ( 20 min )
    Competitive Advantage Definition with Types and Examples
    Competitive advantage refers to factors that allow a company to produce goods or services better or more cheaply than its rivals. Learn how it works.  ( 25 min )
    Can Real Estate Agents Give Referral Fees?
    Learn about the process, laws, and guidelines of real estate agents paying other agents for referrals, and how brokers and licenses are involved.  ( 21 min )
    Book Runner: Definition, Duties, Vs. Other Underwriters
    A book runner is the main underwriter or lead manager when an investment bank issues new equity, debt, or securities instruments. Learn what the role entails.  ( 21 min )
    How To Avoid Paying Private Mortgage Insurance—PMI
    Private mortgage insurance (PMI) can be avoided by with a down payment of 20% or more or ended early by building up a 20% equity stake in a home.  ( 24 min )
  • Open

    The Fed Eventually Will Disappoint Wall Street and Main
    Don’t look for lower inflation or interest-rate cuts anytime soon. Instead, higher bond yields probably are in the offing.  ( 26 min )
    The US will be 'drowning in debt' over the next 30 years as interest costs rise
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    Hedge funds turn bearish again as yields spike
    Global hedge funds increased their bets that stocks will fall in a week when bonds yields rose after the United States' credit rating was downgraded, a Goldman Sachs report on Friday showed. Hedge funds added 4.6 short positions to each long position from July 7 to Aug. 3. Hedge funds were forced to partially unwind short bets in July to avoid further losses during a market rally triggered by better-than-expected corporate earnings.  ( 31 min )
    Surging S&P 500 Targets Finally Caught Up to the Stock Market. Why It’s Time to Buy Dips.
    Strategists have been rushing to catch up with the market, but stocks had other things in mind.  ( 26 min )
    Fortinet's stock plunged 25% after it warned about slowing sales
    A warning about slowing sales sent Fortinet's stock spiraling lower Friday.  ( 11 min )
    Mortgage payments are 19% more expensive than last year as home prices continue surging, Redfin says
    No content preview
    Market Rally At Inflection Point, What To Do Now; Warren Buffett's Berkshire Earnings Due
    No content preview
    Top CD Rates Today: Best 3-Month Rate Rises, 18-Month Leader Drops
    Today's top three nationwide CD rates are 5.75% APY from Andrews Federal Credit Union, 5.60% APY from Northern Bank Direct, and 5.55% APY from Sallie Mae Bank.  ( 20 min )
    Warren Buffett's Berkshire Earnings: Four Items To Look For
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    Wall Street Giants Expect $8.9 Billion Hit From Bank Failures
    (Bloomberg) -- The biggest US lenders expect to pay almost $8.9 billion to help replenish the US government’s bedrock Deposit Insurance Fund after it was tapped to backstop uninsured depositors at Silicon Valley Bank and Signature Bank. Most Read from BloombergChina Embassy Rips ‘Brutal’ Russia Border Incident in Rare MoveS&P 500 Wipes Out Almost 1% Gain; Bond Yields Drop: Markets WrapTrump Cites Self Incrimination Concern in Lawsuit Against CohenSouth Africa Spurns US Pressure to Stop Using Chi  ( 32 min )
    US Treasury Market Topped Record $25 Trillion in July
    (Bloomberg) -- The US government is on the hook to investors for more than $25 trillion as it ramps up borrowing to plug a widening budget gap.Most Read from BloombergS&P 500 Wipes Out Almost 1% Gain; Bond Yields Drop: Markets WrapTrump Cites Self Incrimination Concern in Lawsuit Against CohenChina Embassy Rips ‘Brutal’ Russia Border Incident in Rare MoveElon Musk Says Treasury Bills Are ‘No-Brainer’Fired-Up Traders Get Burned in ‘Everything Selloff’The combined total amount of Treasury bills, n  ( 30 min )
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    California has America's most expensive gas at around $5.00 a gallon. The cheapest is in Mississippi at $3.32 a gallon.  ( 31 min )
    PayPal Stock Falls for 4th Day. Analyst Raises Concern Over Margins, Apple.
    Analysts at Evercore downgraded the stock to the equivalent of Hold because of Intensifying competition and declines in operating margins.  ( 26 min )
    Allianz ex-manager must face US fraud charges related to $7 billion investor loss
    A U.S. judge has rejected former Allianz fund manager Gregoire Tournant's bid to dismiss a criminal fraud case over his role in causing more than $7 billion of investor losses. In an order made public on Friday, U.S. District Judge Laura Taylor Swain in Manhattan federal court denied Tournant's motion to dismiss the five-count indictment, which also includes an obstruction charge. Tournant has pleaded not guilty.  ( 31 min )
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    Newer investors sometimes struggle to understand the difference between earnings per share (EPS), funds from operations (FFO) and revenue in the context of real estate investment trusts (REITs). Revenue represents the total amount of money that a company generates from sales, rents or other sources. Earnings per share refers to the company's profitability after deducting all expenses from its revenue. Higher revenue does not guarantee significant profitability if expenses are also high. Converse  ( 32 min )
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    Gilead's Plots A Massive Move Into Oncology: A Third Of Sales By 2030
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    11 Revived Stocks That Traded For $5 Or Less Are Now Worth Billions
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    What Are the Most Lucrative Places to Put My Nest Egg Savings?
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    How Long Will $5 Million Last Me if I Retire at 60?
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    Which Americans Are Most At Risk of Having Medical Bills Drain Their Retirement Income?
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    Bad News: Early Retirement Can Create a Financial Crisis
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    Amazon earnings beat brushes off mounting cloud concerns – for now
    Amazon stock jumped on Friday after the tech giant proved its cloud still had its silver lining in Q2.  ( 32 min )
    Ask an Advisor: ‘I'm Strictly Into Bonds' and Afraid of the Stock Market. Is This a Strategy I Should Stick With?
    I'm afraid of the stock market. With my first investment, I lost 60% of my money. So I'm strictly into bonds. With interest rates low, what's your advice? Should I stay or try something else? -Jerold It's reasonable to be … Continue reading → The post Ask an Advisor: ‘I'm Strictly Into Bonds' and Afraid of the Stock Market. Is This a Strategy I Should Stick With? appeared first on SmartAsset Blog.  ( 33 min )
    Apple iPhone sales drop more than analysts' estimates, revenue falls for third straight quarter
    Apple reported quarterly earnings Thursday after the bell that showed a third straight quarter of revenue declines with iPhone sales missing forecasts.  ( 33 min )
    Icahn Enterprises cuts dividend by half in effort to conserve cash
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )
    Instant view: US jobs growth stays moderate in July, wage gains still strong
    The U.S. economy maintained a moderate pace of job growth in July, but solid wage gains and a decline in the unemployment rate pointed to continued tightness in labor market conditions. There are broad indicators that the labor market is cooling.  ( 30 min )
    Icahn Enterprises Stock Plunges on Steep Cut to Quarterly Distribution
    The company posts a second-quarter loss of 72 cents a share, wider than the year-earlier loss of 41 cents.  ( 26 min )
    Stocks look for rebound as Amazon surges, labor market cools: Stock market news today
    Stocks looked to rebound Friday to close out a rough first few days in August.  ( 31 min )
    DraftKings Stock Rallies On Earnings Surprise, Raised Sales Outlook
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    Icahn Bows to Activist Pressure
    Icahn Enterprises is cutting its dividend in half and said it would wind down bets that the stock market would collapse, which have inflicted heavy losses.  ( 27 min )
    Carl Icahn's investment firm cuts dividend months after Hindenburg report
    Icahn Enterprises on Friday said it would cut its dividend payout months after short seller Hindenburg Research accused the investment firm of operating a "Ponzi-like" structure to pay dividends. The investment firm, owned by Carl Icahn, said it would distribute $1 per depositary unit to its investors, lower than its usual quarterly dividend of $2 per unit. Shares of Icahn Enterprises fell 24% in premarket trading.  ( 30 min )
    Apple, Samsung Halt India Laptop Imports After Sudden Curbs
    (Bloomberg) -- Apple Inc., Samsung Electronics Co. and HP Inc. are among the biggest names freezing new imports of laptops and tablets to India after the South Asian country abruptly banned inbound shipments without a license.Most Read from BloombergTrump Cites Self Incrimination Concern in Lawsuit Against CohenQQQ Churns in Late Hours on Apple, Amazon Earnings: Markets WrapElon Musk Says Treasury Bills Are ‘No-Brainer’Apple Surprises in China, Sets India High During Sales SlumpChina Official’s  ( 31 min )
    Apple Stock Falls After Earnings. 2 Good Reasons Not to Buy the Dip.
    After Apple's third consecutive quarter of declining revenue, some Wall Street analysts say its valuation is looking stretched.  ( 26 min )
    UPDATE 2-EV maker Nikola names fourth CEO in as many years
    Electric truck maker Nikola said on Friday that Michael Lohscheller will step down as chief executive officer and would be replaced by Stephen Girsky at the end of the month. Separately, Nikola reported a narrower second-quarter loss as lower production of its Tre battery-electric trucks in the April-June period helped keep costs in check. Lohscheller has decided to step down due to a family health matter and will be returning to Europe, the company said, adding that he would remain in an advisory capacity through the end of September.  ( 30 min )
    Fisker Delivered Just 11 EVs. Why the Stock Is Gaining.
    EV start-up Fisker reported second-quarter sales of less than $1 million. Wall Street was looking for close to $50 million.  ( 26 min )
    Fortinet Stock Plunges on Macro Warning. Palo Alto and CrowdStrike Trade Lower.
    Chief Financial Officer Keith Jensen says an 'unusually large volume of deals' expected to close in June were pushed out to future quarters instead.  ( 26 min )
    Spouses May Soon Need to Agree on 401(k) Withdrawals Under This Proposed Law
    Congress could soon change how spouses access their retirement accounts. A pair of Democratic bills recently introduced in the House and Senate would require spouses to consent before either one can make any withdrawals from their 401(k) accounts. The bills, sponsored by Rep. Lauren Underwood, D-Illinois, and Sen. Tammy Baldwin, D-Wisconsin, seek to amend the […] The post Spouses May Soon Need to Agree on 401(k) Withdrawals Under This Proposed Law appeared first on SmartReads by SmartAsset.  ( 31 min )
    Analyst Report: Qorvo Inc
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    Analyst Report: Ameriprise Financial Inc
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    Analyst Report: Tractor Supply Co.
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    Daily – Vickers Top Buyers & Sellers for 08/04/2023
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    Daily – Vickers Top Insider Picks for 08/04/2023
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    Market Digest: AMP, HAS, PH, QCOM, TSCO, YUM, QRVO, PINS
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    Property insurance going up or away for many in brewing crisis
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    Meme stock Tupperware jumps as debt restructuring deal fuels retail frenzy
    Tupperware said on Thursday it had struck an agreement with its lenders which will help reduce or reallocate about $150 million of cash interest and fees, and would give it immediate access to a revolving borrowing capacity of about $21 million. Widely recognized for its bright-colored plastic airtight containers, the company had recently caught retail traders' attention, which has helped drive a more than 449% share surge over the past three weeks. Tupperware was the fourth most touted stock on investors-focused social media, stocktwits.com on Friday.  ( 31 min )
    Petrobras Slashes Contentious Dividends and Buys Back Shares
    (Bloomberg) -- Petroleo Brasileiro SA slashed politically contentious dividends after profits declined and the Brazilian oil major set a more conservative policy for shareholder payouts. Most Read from BloombergTrump Cites Self Incrimination Concern in Lawsuit Against CohenQQQ Churns in Late Hours on Apple, Amazon Earnings: Markets WrapElon Musk Says Treasury Bills Are ‘No-Brainer’Apple Faces Longest Sales Drop in Decades as iPhone SlumpsApple Surprises in China, Sets India High During Sales Slu  ( 31 min )
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    One of the most important decisions in retirement is choosing how much to withdraw from your savings. You need to take out enough to meet your spending needs, but not so much that you end up running out of money. While there's no real consensus on a safe withdrawal rate, a recent report from Edward […] The post How Much Should I Withdraw From My Retirement Account? Edward Jones Says Start With These Percentages appeared first on SmartReads by SmartAsset.  ( 32 min )
    The turnaround stories being overlooked by investors in 2023: Morning Brief
    The stock market has a lot of turn-around stories without the gains priced in.  ( 33 min )
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    Apple sales fall 1% in the fiscal third quarter and the iPhone giant says it expects a similar performance in the current period, Amazon beats earnings expectations and issues better-than-expected guidance, and Booking Holding sees a record summer travel season.  ( 27 min )
    DraftKings Is Cracking the U.S. Sports-Betting Boom. The Stock Is Surging.
    Shares of the sports betting company surge after DraftKings posts second-quarter revenue that beat expectations.  ( 26 min )
    Massive backlash over U.S. credit rating downgrade forces Fitch into defense mode: ‘The numbers speak for themselves’
    Under fire for downgrading U.S. federal debt, ratings analyst Richard Francis took to the airwaves on Wednesday to explain his reasoning and lobby for support.  ( 32 min )
    Amazon Frankfurt-listed shares surge, Apple slides after results
    Amazon shares surged on Friday in Frankfurt trading after the company issued an upbeat outlook for the third quarter, while Apple's German-listed shares fell after the company forecast a continued slide in sales. Amazon jumped 8.5% on the German market, echoing the steep rise in extended U.S. trading on Thursday after the company reported sales growth and profit that beat Wall Street's expectations, thanks to faster, cheaper deliveries to customers and to the recent headwinds in cloud-computing beginning to subside. Apple shares fell 2.3% in Frankfurt fell 2.3% after the iPhone maker on Thursday forecast that a sales slump would continue into the current quarter, which sent shares down in after-hours trading despite beating Wall Street sales and profit targets in the fiscal third quarter.  ( 30 min )
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    (Bloomberg) -- The Treasury yield curve has steepened this week, but the shift is unnerving investors as it comes through a painful selloff in longer bonds rather than the rally in shorter debt most expected.Most Read from BloombergTrump Cites Self Incrimination Concern in Lawsuit Against CohenQQQ Churns in Late Hours on Apple, Amazon Earnings: Markets WrapElon Musk Says Treasury Bills Are ‘No-Brainer’Apple Surprises in China, Sets India High During Sales SlumpChina Official’s Call to Save Xi’s  ( 32 min )
    Dow Jones Futures Rise As Amazon Soars On Earnings, AI Outlook; Apple Falls, Jobs Report On Tap
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    Apple Surprises in China, Sets India High During Sales Slump
    (Bloomberg) -- Apple Inc. grew revenue in China a surprisingly strong 8% while setting a record for Indian iPhone sales, bright spots in an otherwise disappointing quarterly check-in from the world’s most valuable company.Most Read from BloombergQQQ Churns in Late Hours on Apple, Amazon Earnings: Markets WrapTrump Cites Self Incrimination Concern in Lawsuit Against CohenElon Musk Says Treasury Bills Are ‘No-Brainer’The Strange Story Behind ‘Baldur’s Gate 3,’ One of the Year’s Biggest ReleasesFit  ( 32 min )
    ‘We See Healthy Upside Ahead’: Billionaire Dan Loeb Uses These 2 ‘Strong Buy’ Stocks to Bet on Favorable Economic Conditions
    Will it happen or not? That is the question economy observers have been grappling with over the past year regarding the prospect of a looming recession. But while not long ago the consensus was that one was all but inevitable – and a full-blown recession at that – the tune has changed more recently. Factoring in the resilient economy and the hasty retreat of prior alarming inflation levels, many financial experts now think that if a recession does materialize, it will be of the mild variety. One  ( 34 min )
    UAW Demands 40% Pay Hike in Labor Talks With Detroit Automakers
    The United Auto Workers union is pressing for the substantial wage increase for factory workers at GM, Ford and Stellantis.  ( 27 min )
  • Open

    S&P 500 Gains and Losses Today: Stocks Lose Ground as Hiring Slows
    The S&P 500 fell 0.5% on Friday, Aug. 4, 2023, after the Labor Department's latest jobs report showed the pace of hiring slowed.  ( 1 min )
    Markets Higher Midday After Upbeat Earnings, July Jobs Report
    U.S. equities were higher at midday on Friday, Aug. 4, 2023 on the back of strong earnings reports, while a cooler-than-expected July jobs report raised optimism the Fed could ease back on its campaign of rate hikes to cool inflation.  ( 1 min )
    Two-Thirds of Investors Think the U.S. is in a Recession—But Report Optimism
    Halfway through a economically confusing and, at times, turbulent 2023, many investors are questioning how they should proceed with their investment strategy  ( 1 min )
    5 Things to Know Before Markets Open
    Job growth is projected to slow and Amazon shares are soaring after the ecommerce giant blew by analyst revenue expectations. Here’s what investors need to know today.  ( 1 min )
  • Open

    NASA heeft na 'foutje' weer contact met 45 jaar oude ruimtesonde Voyager 2
    NASA heeft weer contact gekregen met de Voyager 2, de ruimtesonde die zich op 19,9 miljard kilometer van de aarde bevindt. Het contact met de in 1977 gelanceerde Voyager 2 was even verdwenen door een foutje van de vluchtleiding.  ( 4 min )
    Meerdere partijen willen VanMoof overnemen, volgende week meer duidelijkheid
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    Meer typefoutjes en minder hard werken: de werkdip op vrijdag bestaat écht
    Veel kantoormedewerkers weten het gevoelsmatig misschien al: in de middag zijn zij vaak minder productief dan aan het begin van de dag. Helemaal op vrijdag. Onderzoekers vinden nu bewijs voor dit fenomeen in een Texaans kantoor.  ( 5 min )
    Nederland stopt steun aan Niger: 'Willen niet samenwerken met coupplegers'
    Nederland schort de "directe samenwerking" met Niger op. Steun aan ontwikkelings- en veiligheidsprojecten die via de landelijke overheid loopt, wordt stopgezet. In het Afrikaanse land werd vorige week een staatsgreep gepleegd.  ( 4 min )
    Voedselprijzen stijgen door extreem weer en einde van de graandeal
    De voedselprijzen zijn wereldwijd voor het eerst in drie maanden gestegen. De prijzen zijn in juli met 1,3 procent opgelopen.  ( 3 min )
    Klanten van verpakkingsvrije winkel Pieter Pot storten 335.000 euro na oproep
    De online verpakkingsvrije supermarkt Pieter Pot heeft in twee weken tijd 335.000 euro opgehaald bij haar klanten. Met het geld wil het bedrijf het vertrouwen van leveranciers terugwinnen en de schappen bijvullen.  ( 4 min )
    Toezichthouder waarschuwt voor onbereikbare webwinkel Femme-Boutique
    Consumenten moeten oppassen als ze willen shoppen bij webwinkel Femme-Boutique. Toezichthouder ACM, de politie en de Consumentenbond ontvingen al tientallen klachten over de webshop, meldt ACM.  ( 3 min )
    Duitse fabrieken ontvingen meer bestellingen dan verwacht na milde recessie
    Fabrieken in Duitsland hebben in juni onverwacht veel meer bestellingen binnengekregen. Dat is een teken dat de grootste economie van Europa stabieler wordt.  ( 3 min )
    Containervervoerder Maersk voelt dat wereldeconomie krimpt
    De Deense containerrederij en vrachtvervoerder A.P. Møller-Maersk verwacht dat het wereldwijde containervolume dit jaar sterker zal dalen dan eerder gedacht. Het bedrijf rekent op een krimp van wel 4 procent.  ( 3 min )
    Duurdere overnachtingen zorgen voor klinkende winst bij Booking.com en Airbnb
    De winst van Booking.com en Airbnb is in het tweede kwartaal harder gestegen dan het aantal geboekte nachten. Hogere prijzen op de reisplatforms zorgden voor meer geld in het laatje.  ( 3 min )
    Apples diensten redden mager kwartaal van iPhone-verkopen
    Apple verkocht het afgelopen kwartaal minder iPhones, Macs en iPads. Daardoor daalde de totale omzet van het bedrijf voor het derde kwartaal op rij. Een lichtpuntje voor Apple was de verkoop van digitale producten, zoals abonnementen op Apple Music en iCloud.  ( 4 min )
    Hypotheken gaan voor het eerst in veertien maanden weer omhoog
    Het gemiddelde bedrag waarvoor mensen een hypotheek afsloten steeg in juli voor het eerst sinds ruim een jaar. Door de hogere lonen kunnen mensen meer geld lenen.  ( 4 min )
    Dubbel zo veel mensen deden hun belastingaangifte niet, ondanks herinneringen
    197.000 Nederlanders hebben tussen 1 maart en 1 mei verzuimd aangifte inkomstenbelasting te doen. Dat zijn er twee keer zoveel als vorig jaar. De Belastingdienst probeert ze er via brieven, sms'jes en telefoontjes toch aan te herinneren, voordat een boete volgt.  ( 6 min )
    Dubbel zoveel mensen verzuimden dit jaar belastingaangifte te doen
    197.000 Nederlanders hebben tussen 1 maart en 1 mei verzuimd aangifte inkomstenbelasting te doen. Dat zijn er twee keer zoveel als vorig jaar. De Belastingdienst probeert ze er via brieven, sms'jes en telefoontjes toch aan te herinneren, voordat een boete volgt.  ( 6 min )
  • Open

    Toyota and Pony.ai Team Up To Produce Robotaxis in China
    Toyota, GAC-Toyota, and Pony.ai will invest $140 million to manufacture a fleet of driverless taxis in China.  ( 1 min )

  • Open

    Insiders Pour Millions Into These 2 Dividend Stocks — Here’s Why You Might Want to Ride Their Coattails
    Investors are constantly looking for ways to generate solid returns, after all, that is the whole point of investing. Achieving that goal is easier said than done, however. As with anything, if it were really simple, investors would only have success stories to tell. That said, there are ways to gain an edge in the market, and one common route is to keep track of insiders’ actions. Insiders are the high-level company officers, Board members, CFOs and COOs, up to CEOs, whose positions give them a  ( 35 min )
    Apple Faces Longest Sales Slowdown in Decades as iPhone Slumps
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    These 12%-Yielding Dividend Stocks Look Very Attractive Right Now, Analysts Say
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    Mizuho analysts see a $350 billion to $400 billion total addressable market opportunity in student loan refinancing for the fintech.  ( 26 min )
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    Stock futures fall, yields pop as sell-off set to continue: Stock market news today
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    Wayfair Stock Soars After Earnings Smash Expectations
    The online furniture retailer posted adjusted earnings of 21 cents a share for its second quarter. Wall Street had forecast a loss of 73 cents.  ( 26 min )
    U.S. Steelmakers Are Still Expanding as Demand Slows
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    Warren Buffett Is Buying Treasuries Regardless of US Downgrade by Fitch
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    Daily – Vickers Top Insider Picks for 08/03/2023
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    Market Rally Breaks Key Levels; Two Cathie Wood Stocks Report Late With Apple, Amazon On Tap
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    Bud Light sales plunge following boycott over campaign with transgender influencer
    Anheuser-Busch Inbev reported a drop in U.S. revenue in the second quarter as Bud Light sales plunged amid a conservative backlash over a campaign with transgender influencer Dylan Mulvaney. The world's largest brewer said Thursday that revenue in the United States declined by 10.5% in the April-to-June period from a year earlier, “primarily due to the volume decline of Bud Light.” It has lost its place as America’s best-selling beer after more than two decades, slipping into second place in June behind Mexican lager Modelo Especial, which is also owned by the Belgium-based ABInBev.  ( 31 min )
    Moderna sees up to $8 billion in 2023 COVID vaccine sales on private market hopes
    Moderna Inc on Thursday raised its annual forecast for COVID-19 vaccine sales to up to $8 billion on hopes of a boost in the fall season as sales move to a private market in the United States from government contracts. Sales of COVID-19 products have slumped after bumper growth during the peak of the pandemic. Moderna expects $6 billion to $8 billion in sales from its COVID shots this year, up from its previous forecast of $5 billion, driven by potential U.S. demand for 50 to 100 million doses in the fall season.  ( 31 min )
    Apple’s Earnings Can Boost the Stock Market. Here’s What It Needs to Deliver.
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    Why the Fitch downgrade is just an excuse for stocks to sell off: Morning Brief
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    PayPal stock drops after weak second-quarter margins
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    Bud Light Boycott Dents U.S. Sales but AB InBev Earnings Beat Expectations
    Anheuser Busch InBev reported underlying earnings of 72 cents a share for the second quarter, beating expectations despite a fall in U.S. revenue.  ( 26 min )
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  • Open

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    Expedia Shares Sink as Its Sales, Bookings, and Outlook Come Up Short
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    Will Today's Record CD Rates Climb Even Higher in August?
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    Super-Prime Credits: What It Means, How It Works, Interest Rates
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    What Is Indemnity Insurance? How It Works and Examples
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    How to Refinance Parent PLUS Loans
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    How to Pay for Grad School: Financing Options
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    3 Index Funds With Low Expense Ratios
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    What Is the Formula for Calculating Free Cash Flow?
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    What Is a Reverse Repurchase Agreement (RRP)? How They Work, With Example
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    Tesla's EV Sales in China Fell More Than 30% in July
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    Sovereign Wealth Funds: An Introduction
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    How Does Payhip Make Money?
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    Tesla Hit With Another Class Action Lawsuit, This Time Over Driving Range
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    TikTok Dropshipping: Everything You Need to Know
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    5 Developed Countries Without a Minimum Wage
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    Credit Rating vs. Credit Score: What’s the Difference?
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    Markets Mixed at Midday as Several S&P 500 Companies Warn About Revenue
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    Triangle Chart Pattern in Technical Analysis Explained
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    Book Value per Share for Banks: Is It a Good Measure?
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    How Does Deflation Impact Consumers?
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    Key Financial Ratios to Analyze Healthcare Stocks
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    Robinhood Shares Slide After Drop in Monthly Active Users Hits Earnings Outlook
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    What the National Debt Means to You
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    PayPal's Adjusted Operating Margin Misses Its Forecast, and Shares Plunge
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    Qualcomm Shares Sink on Falling Demand for Smartphones
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    Which Types of Death Are Not Covered by Life Insurance?
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    India's New Licensing Rules for Laptop, PC, Tablet Imports May Impact Apple, Dell
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    Mortgage Rates Inch Higher, While Jumbo 30-Year Average Hits New Record
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    Apple Card Saving Accounts Offered by Goldman Sachs Cross $10 Billion in Deposits
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    What Is Joint Tenancy in Property Ownership?
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    ConocoPhillips Misses Earnings Expectations Despite Record Production
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    Creditworthiness: Definition, How to Check and Improve It
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    Funds Transfer Pricing (FTP): What It Is and How It's Calculated
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    How to Buy Treasury Bonds and Bills
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    5 Things to Know Before Markets Open
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  • Open

    S&P 500 Gains and Losses Today: Stocks Fall After Weaker-Than-Expected Earnings Reports
    The S&P 500 fell 0.3% on Thursday, Aug. 3, 2023 after weaker-than-expected earnings reports from ecommerce, travel, and chip companies weighed on the index.  ( 1 min )
    What to Anticipate in Friday's Unemployment Data
    Employment and payroll data is expected to remain stable Friday, but any surprises could roil the markets.  ( 1 min )
    Markets Mixed at Midday as Several S&P 500 Companies Warn About Revenue
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    5 Things to Know Before Markets Open
    Robinhood shares fell as its first-time profit was overshadowed by a drop in users and Anheuser-Busch InBev shares rose after it beat estimates on earnings despite a boycott. Here’s what investors need to know today.  ( 1 min )
  • Open

    Tesla's EV Sales in China Fell More Than 30% in July
    Tesla's electric vehicle (EV) sales in China fell more than 30% last month compared with June, according to the China Passenger Car Association (CPCA). Domestic EV manufacturers in China like BYD, Nio (NIO), and Xpeng (XPEV) gained ground.  ( 1 min )
    Tesla Hit With Another Class Action Lawsuit, This Time Over Driving Range
    Tesla is being sued for fraud after reports revealed the company has been knowingly inflating driving-range figures at the behest of CEO Elon Musk.  ( 1 min )
    Regeneron Shares Jump After Saying It Expects an FDA Decision on Its Eye Treatment Soon
    Shares of Regeneron jumped after the drug maker indicated it expects the FDA will soon approve a higher-dose version of its blockbuster drug to treat macular degeneration.  ( 1 min )
    Apple Card Saving Accounts Offered by Goldman Sachs Cross $10 Billion in Deposits
    With its high yields and the ubiquity of iPhones, Apple's savings account has attracted over $10 billion in deposits since its launch in April.  ( 1 min )
  • Open

    Saoedi-Arabië beperkt olieproductie opnieuw en dat merken we aan de pomp
    Saoedi-Arabië gaat de olieproductie nog een maand langer beperken. De olieprijzen stijgen al maanden doordat olieproducerende landen hun productie terugschroeven. En dat merken we aan de pomp.  ( 3 min )
    Volkswagen heeft geen financiële schade door brand vrachtschip
    De brand op vrachtschip Fremantle Highway heeft geen financiële gevolgen voor Volkswagen. Volgens een woordvoerder is "een zeer klein deel" van de auto’s aan boord van een van de Volkswagen-merken, zoals Audi, Seat of Volkswagen zelf. En die zijn verzekerd.  ( 4 min )
    In 100 woorden | Kan er een nieuwe veilige route voor Oekraïens graan komen?
    Na een Russische aanval op de Oekraïense havenstad Izmail is de prijs van graan weer gestegen. Oekraïne produceert veel graan, maar kan het door de oorlog lastig exporteren. Rusland trok zich onlangs terug uit de 'graandeal'. NU.nl-lezers vroegen zich af: is er echt geen alternatief?  ( 3 min )
    Kersen steeds duurder door dramatisch oogstjaar, ook zorgen over aardappelen
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    Ook SNS, ASN en RegioBank verhogen hun spaarrentes weer
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    Oogst kersen, bessen en aardappels moeizaam door slecht weer
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    Ook Britse rente stijgt naar hoogste niveau in ruim vijftien jaar
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    Binnenzwembaden bommetjevol door regenachtige zomerdagen
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    Landelijke pinstoring aan winkelkassa's na veertig minuten weer voorbij
    Een korte pinstoring zorgde er donderdag voor dat er bij kassa's door het hele land tijdelijk niet of nauwelijks gepind kon worden. Inmiddels zijn de problemen volgens Betaalvereniging Nederland verholpen.  ( 3 min )
    Pinstoring veroorzaakt door het hele land problemen bij kassa's in winkels
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    Bierbrouwer AB InBev maakt winst ondanks Amerikaanse boycot
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    Turkse inflatie stijgt weer na acht maanden van daling
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    Super Mario-film en nieuwe Zelda-game bezorgen Nintendo een recordwinst
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    Nederlandse groene stroom steeds gewilder
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    Alliander ziet aantal klachten over terugleveren zonnestroom verdrievoudigen
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    Als het aan China ligt mogen jongeren maximaal twee uur per dag op internet
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    Consumenten kiezen vaker voor Nederlandse groene stroom
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    Lufthansa ziet vraag naar vliegtickets fors toenemen
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    ING boekt meer winst vanwege hogere rente
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    UWV wist al drie jaar dat het de privacy van mensen schond
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    Geld maakt niet gelukkig: Friezen zijn minder rijk, maar wel meest tevreden
    Inwoners van Friesland bewijzen dat geld niet per se gelukkig maakt. Zij zijn bovengemiddeld tevreden over hun leven, terwijl de Randstad en Noord-Brabant beduidend rijker zijn.  ( 5 min )
    Stijgende lonen houden de inflatie hoog
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    Uitkeringsinstantie UWV wist al drie jaar dat het de privacy van mensen schond
    Het UWV wist al sinds 2020 dat het de privacy van uitkeringsgerechtigden schond door zonder toestemming cookies te plaatsen om te kijken of ze ongeoorloofd in het buitenland verbleven terwijl ze een WW-uitkering ontvingen. Dat blijkt uit onderzoek van de NOS.  ( 5 min )
    Stijgende loonkosten zorgen ervoor dat de inflatie hoog blijft
    De stijgende loonkosten zorgen ervoor dat de prijzen op een hoog niveau blijven. In verschillende sectoren zijn de lonen de afgelopen maanden flink gestegen en steeds meer bedrijven berekenen dat nu door.  ( 5 min )

  • Open

    Abrupt layoffs center of lawsuit against Yellow
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    Analysis-In India, it's advantage Tesla as Chinese automakers face heat
    China's loss in India could be Elon Musk's gain. Tesla has had a red-carpet welcome from India for its proposal to invest in the country, while its largest rival in electric vehicles, China's BYD, has been stopped cold by increased scrutiny from New Delhi. The result could be an opening for Tesla to negotiate terms for an entry to the world's third-largest auto market without the competitive threat from BYD that it faces in other emerging markets, like Thailand.  ( 33 min )
    A $15 Billion Electric Vehicle Niche Is Flying Under Wall Street’s Radar
    The EV market has become extremely competitive in 2023, and while some of the smaller players are getting crushed, smart investors are betting on highly profitable niches such as electric boats  ( 43 min )
    Qualcomm Slides as Smartphone Slump Drags On; Job Cuts Planned
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    Qualcomm Slides as Smartphone Slump Drags On; Job Cuts Planned
    (Bloomberg) -- Qualcomm Inc., the largest maker of smartphone processors, gave a tepid revenue forecast for the current period, indicating that demand for mobile devices remains weak even as the industry emerges from a glut.Most Read from BloombergFitch’s US Credit Downgrade Sparks Criticism Along With UneaseMissing Goldman Sachs Analyst Confirmed Dead by New York PoliceS&P 500 Drops 1% After Rally as Bond Yields Climb: Markets WrapPoland Sends Troops to Belarus Border After Airspace BreachWhy t  ( 31 min )
    PayPal's shares fell 7% amid a drop in its operating margin
    Investors frowned on PayPal's second quarter report.  ( 9 min )
    Qualcomm, Stung by Sluggish Smartphone Market, Plans Layoffs
    Qualcomm, Stung by Sluggish Smartphone Market, Plans Layoffs  ( 25 min )
    PayPal Stock Falls After Results Fail to Impress
    The company reported non-GAAP earnings of $1.16, edging out expectations at $1.15 a share, according to FactSet.  ( 26 min )
    EVgo Smashes Wall Street Estimates. Its Stock Is Soaring.
    EVgo reported a per-share loss of 8 cents from $50.6 million in sales. Wall Street was looking for a 26-cent loss from sales of $29.5 million.  ( 26 min )
    UPDATE 1-Energy Transfer reports lower Q2 earnings, weighed by natural gas prices
    U.S. midstream company Energy Transfer on Wednesday reported lower earnings for the second quarter despite higher transport volumes in most energy product segments versus a year ago. Lower natural gas and natural gas liquids (NGL) prices affected results, the company said. Energy Transfer expects full-year 2023 adjusted EBITDA to range between $13.1 billion and $13.4 billion, which is slightly tighter than the previous range of $13.05 billion to $13.45 billion.  ( 31 min )
    A worrying sell signal just flashed for the stock market in August, says one of Wall Street's most reliable bulls
    No content preview
    PayPal Shares Fall After Results Fail to Impress
    The company reported non-GAAP earnings of $1.16, edging out expectations at $1.15 a share, according to FactSet.  ( 26 min )
    PayPal Earnings, Revenue Edge By Views As Analysts Pine For CEO News
    No content preview
    Occidental Buys Back $522 Million of Berkshire Preferred Stock
    (Bloomberg) -- Occidental Petroleum Corp. bought back $522 million of Berkshire Hathaway Inc.’s preferred stock in the second quarter, demonstrating its willingness to repay Warren Buffett even as commodity prices drop. Most Read from BloombergFitch’s US Credit Downgrade Sparks Criticism Along With UneaseMissing Goldman Sachs Analyst Confirmed Dead by New York PoliceS&P 500 Has Worst Day Since April After Big Rally: Markets WrapPoland Sends Troops to Belarus Border After Airspace BreachWhy the U  ( 31 min )
    Shopify Earnings Top Estimates. Management Is Upbeat.
    The e-commerce software company expects faster revenue growth than Wall Street analysts had penciled in.  ( 26 min )
    Top CDs Today: Another CD Offers Benchmark Rate
    See what today's best CD rates are in every term and how they compare to the previous day's top rates. We track daily CD rates from more than 200 banks and credit unions.  ( 20 min )
    SolarEdge Warns About US Solar Sales, and Shares Sink
    SolarEdge Technologies shares cratered after the solar power company warned its business is being hurt by high borrowing costs, and gave current quarter guidance that missed estimates.  ( 18 min )
    Virgin Galactic's Revenue Jumps 500% as Space Tourism Takes Off
    Richard Branson's Virgin Galactic saw its revenue and expenses both surge in the second quarter as it officially began flying paying customers.  ( 31 min )
    UPDATE 1-Occidental Petroleum profit slumps 83% on lower energy prices
    Occidental Petroleum Corp on Wednesday reported an 83% slump in second-quarter profit, hit by lower oil and gas prices. Oil and gas prices soared last year in the wake of Russia's invasion of Ukraine but energy prices have dropped sharply this year as fears of shortages eased amid global economic challenges. The lower oil prices were still lucrative for oil producers and Occidental's production in the quarter rose to 1.22 million barrels of oil equivalent per day (boepd) from 1.15 million boepd a year earlier.  ( 30 min )
    Occidental Petroleum profit misses estimates on lower energy prices
    Occidental Petroleum Corp on Wednesday reported an 83% decline in second-quarter profit on lower crude prices and weaker production. Occidental, one of the largest oil and gas producers in the U.S., said net income attributable to common stockholders stood at $605 million, or $0.63 per share, for the three months ended June 30, compared with $3.55 billion, or $3.47 per share, a year ago.  ( 30 min )
    E-Commerce Firm Shopify Earnings, Revenue Top Estimates
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    PayPal's underwhelming margin eclipses gains from upbeat consumer spending
    Though inflationary headwinds and subsequent interest rate hikes have squeezed budgets in households, consumer spending held up through the second quarter, driving an 11% surge in PayPal's total payment volume to $376.5 billion. PayPal expects third-quarter revenue at about $7.4 billion, above analysts' average estimate of $7.32 billion, according to Refinitiv data. The optimistic revenue forecast echoed results of card giants Mastercard and Visa, which posted a boost in quarterly profits on the back of strong consumer spending.  ( 31 min )
    PayPal forecasts quarterly revenue above estimates as consumers shrug inflation worries
    Payments firm PayPal Holdings forecast third-quarter revenue above estimates on Wednesday, expecting consumers to remain resilient in the face of a tough economy. Though inflationary headwinds and subsequent interest rate hikes have squeezed budgets in households, consumer spending held up through the second quarter, driving an 11% surge in PayPal's total payment volume to $376.5 billion. PayPal expects third-quarter revenue at about $7.4 billion, above analysts' average estimate of $7.32 billion, according to Refinitiv data.  ( 31 min )
    MercadoLibre's Q2 profit doubles on higher sales volume, user growth
    South American e-commerce giant MercadoLibre reported on Wednesday a 113% rise in its second-quarter net income from a year earlier to $261.9 million, amid higher sales volume and an increase in users. The company, with presence in over 18 countries across Latin America, saw its net revenue rise 57.3% in constant currency to $3.4 billion. Over the quarter, MercadoLibre said it added 8.1 million new users across its operations, bringing its total active user base to 108.6 million.  ( 31 min )
    Qualcomm forecasts sales below estimates as smartphone slump persists
    Demand for consumer electronics has also been hampered by a slower-than-expected economic recovery in China. Smartphone shipments in the world's second largest economy were down 5% in the June quarter, according to Canalys data. Qualcomm said its forecast also takes into account the impact of the macroeconomic headwinds, weaker global handset units and channel inventory drawdown.  ( 30 min )
    Stocks plunge as credit downgrade rattles Wall Street: Stock market news today
    Stocks slid Wednesday after the Fitch agency downgraded US credit.  ( 31 min )
    The S&P 500 Fell 7% After the Last U.S. Credit Downgrade. What Happens Next.
    Fitch downgraded the U.S. credit rating in a shock move that has sent stocks lower. But there is reason to believe it won't be as bad as the last downgrade.  ( 26 min )
    Amazon earnings preview: Cloud looms as investors also eye retail, ads, and AI
    Amazon will report its Q2 2023 earnings on Thursday after the market closes.  ( 33 min )
    Jamie Dimon Calls Fitch Downgrade ‘Ridiculous’
    JPMorgan Chase CEO Jamie Dimon criticized Fitch's decision to downgrade the U.S. government's credit rating, calling it “ridiculous.” “I would point out to the rating agencies if I could that there are a bunch of countries rated higher than us, like AAA, but they live under the American enterprise  ( 11 min )
    Trump-Tied SPAC Hits Another Snag as Auditor Abruptly Resigns
    (Bloomberg) -- A deal to take Donald Trump’s media company public is facing another major setback, putting into question whether it will ever get completed. Most Read from BloombergFitch’s US Credit Downgrade Sparks Criticism Along With UneaseMissing Goldman Sachs Analyst Confirmed Dead by New York PoliceS&P 500 Drops 1% After Rally as Bond Yields Climb: Markets WrapPoland Sends Troops to Belarus Border After Airspace BreachWhy the US Credit Rating Was Cut by Fitch and What It MeansSpecial-purpo  ( 32 min )
    AMD shares fall as analysts worry AI chip targets may be ambitious
    The fall came amid a broader sell-off in the tech sector that saw megacap stocks fall 1.5% to 5% and the Philadelphia SE Semiconductor Index drop 3.5%. AI has been a key theme in the chip sector so far this year, driving shares of chip companies and helping Nvidia become the first and only semiconductor firm to be valued at more than a trillion dollars. Investors hope AMD will emerge with a challenger chip to Nvidia's most powerful AI semiconductors and help in fulfilling strong demand for chips that can power applications like chatbot ChatGPT.  ( 31 min )
    Big Money Still Buying These 9 Stocks After Huge Rally; Tesla Stock Is Among Them
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    UBS lays off Credit Suisse investment bank staff, closes Houston office -source
    UBS Group is laying off employees from Credit Suisse's investment bank this week in New York, a source familiar with the situation said. On top of the layoffs in New York, UBS has decided to close Credit Suisse's office in Houston, the person added, asking for anonymity to speak freely on the matter. The office in Houston used to lead business with the oil industry, which will now be covered by New York, the source added, also declining to specify the number of people affected.  ( 30 min )
    Jamie Dimon on Fitch's Downgrade of U.S.: It Doesn’t Matter
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    SolarEdge Stock Tumbles After Weak Guidance. Why Analysts Are Still Upbeat.
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    ‘Too Cheap to Ignore’: J.P. Morgan Says These 2 Stocks Under $10 Could Double Your Money
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    Tupperware Stock Has Risen 700% in 2 Weeks. It Could Come Crashing Down After Earnings.
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    Tupperware Stock's Wild Ride Set to Continue
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    Generac Stock Powers Down After Earnings. Consumer Demand Is Softening.
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    CVS Health beats profit estimates, starts restructuring to cut costs
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    Wall St futures tumble after Fitch downgrades top-tier US rating
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    Qualcomm Reports Earnings. What Wall Street Expects.
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    Stocks fall, Treasuries gain after Fitch downgrades US rating
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    Why Trucking Giant Yellow’s Shutdown Could Cost Taxpayers Money
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    US Treasury yields edge lower after Fitch downgrade
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  • Open

    S&P 500 Gains and Losses Today: Weak Guidance from AMD Weighs on Chip Stocks
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    Markets Tumble at Midday After Fitch Cuts US Credit Rating
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    Fitch downgrades the U.S. credit rating over recent debt-ceiling standoffs and AMD shares rise after its earnings report highlights its AI products. Here’s what investors need to know today.  ( 1 min )
  • Open

    S&P 500 Gains and Losses Today: Weak Guidance from AMD Weighs on Chip Stocks
    The S&P 500 index finished 1.4% lower on August 2, 2023, after chipmaker AMD issued weaker-than-expected third-quarter guidance, which weighed on the sector.  ( 17 min )
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    Workers Still Prioritize 401(K) Saving Amid Economic Anxiety, Says Schwab Study
    Half of workers think they might reach their retirement goals.  ( 17 min )
    Top CDs Today: Another CD Offers Benchmark Rate
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    Humana Profit Beats Forecasts as its Medical Costs Were Less Than Expected
    Humana said it paid out fewer-than-expected claims for non-urgent surgery, and that helped the health insurer record better-than-expected second quarter profit.  ( 18 min )
    SolarEdge Warns About US Solar Sales, and Shares Sink
    SolarEdge Technologies shares cratered after the solar power company warned its business is being hurt by high borrowing costs, and gave current quarter guidance that missed estimates.  ( 16 min )
    Asset Managers Line Up To File for Ethereum Futures ETFs
    Six asset managers have filed with the SEC for Ethereum futures ETFs, which could launch as early as October.  ( 17 min )
    Devaluation: What It Is and How It Works
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    The IRS Has Declared War on Paperwork
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    Can You Buy a CD with Foreign Currency?
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    9 Checking Accounts That the Ultrarich Use
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    What Is Quantity Supplied? Example, Supply Curve Factors, and Use
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    Generac Warns of Softer Consumer Demand, and Shares Plummet
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    Dow Jones Today: Index Dives on Rating Cut
    Investors reacted to the Fitch Rating agency’s downgrade of U.S. credit, sending long-term bonds higher and the Dow Jones lower by about 1%, or 350 points.  ( 17 min )
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    Who Is Rohit Chopra? What Is His Role at the CFPB?
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    10 Most Famous Leveraged Buyouts
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    Combined Single Limits: Definition, Example, Benefits, vs. Split
    Combined single limits is an insurance policy provision where coverage for all components of a claim (bodily injury and property damage) is handled by a single amount.  ( 21 min )
    How Monetary Policy Affects Investments
    Monetary policy impacts every asset class, and investors commonly structure their portfolios to benefit from and absorb economic policy changes.  ( 21 min )
    Uses for Your Money Before Student Loan Payments Resume
    The White House and Supreme Court have taken opposing positions on student loan forbearance. Learn what's in store for student borrowers with the SAVE plan.  ( 24 min )
    Jobs Are Back After The Pandemic, But Working? Not So Much
    In the aftermath of the COVID-19 pandemic, hiring is still booming, unemployment is near historic lows, yet Americans as a whole are still working fewer hours than they did in 2019.  ( 18 min )
    Yum! Brands Posts Record Digital Sales, Nearly Doubles EPS
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    The Carlyle Group Reports Quarterly Loss Amid Dealmaking Slump
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    What Are the Indicators for China's Stock Market?
    Learn the most commonly followed market and economic indicators used by market analysts to track the Chinese stock market and China's economy.  ( 27 min )
    Best Online Brokers and Trading Platforms of 2023
    Here are the best online brokerage accounts and trading platforms with low costs and fees plus the best trading experience, mobile apps, and more.  ( 34 min )
    Discover Savings Account Interest Rates: August 2023
    Discover’s savings account doesn’t usually have the highest APY, but it’s easily accessible with no minimum deposit or monthly fee.  ( 20 min )
    Fitch Catches Flak For Oddly-Timed U.S. Credit Downgrade
    The Fitch agency’s downgrade of the U.S. government’s credit rating is being met with pushback from officials and well known economists, while others said it highlighted the need for the government to reduce spending deficits.  ( 19 min )
    New Signed Contracts, Listings Drop in New York, Southern California
    The desirable markets aren't immune to high mortgage rates and low inventory, which are dampening the housing market nationwide.  ( 19 min )
    DuPont Beats Q2 Estimates, Forecasts Higher Full-Year Sales
    Chemicals giant DuPont De Nemours posted a smaller-than-expected loss in the second quarter while raising its full-year sales forecast, but projected lower earnings for the year.  ( 17 min )
    PNC Savings Account Interest Rates: August 2023
    See a full overview of PNC savings account interest rates. Compare PNC Bank to top competitors and find the right savings account for your financial needs.  ( 21 min )
    Who Can Be a Transfer on Death (TOD) Beneficiary?
    You can name almost anyone as a transfer on death (TOD) beneficiary. Learn more about the process and benefits for naming a TOD beneficiary.  ( 22 min )
    Account Freeze: Definition, Purposes, Time Length
    An account freeze includes actions taken by a bank, brokerage or government to prevent transactions in an account.  ( 22 min )
    Kraft Heinz Q2 Earnings Hurt by Inflationary Pricing
    Kraft Heinz's Q2 earnings reflected sales affected by a reduction in demand from cost-conscious consumers. Shares slipped early Wednesday but recovered.  ( 17 min )
    Cost-Cutting Moves Help CVS Post Better-Than-Expected Results
    Shares of CVS Health Corporation advanced as cost cutting helped the pharmacy chain and healthcare company post better-than-expected results.  ( 16 min )
    Markets Tumble at Midday After Fitch Cuts US Credit Rating
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  • Open

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  • Open

    BlackRock, MSCI Under Fire From U.S. Officials For China Investments
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  • Open

    Bitcoin Whale Michael Saylor Might Buy a Lot More BTC
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    Lumen Technologies shares slide after posting loss of nearly $9 billion
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    AMD forecasts strong fourth quarter, AI chip launch
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    Meme-Darling Nikola Surges as Retail Investors Pile In
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    Electronic Arts forecasts weak bookings as competition, lower spending weigh
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    Apple heads for largest Q3 revenue drop since 2016 as iPhone sales slow
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    Apple Earnings Are Soon, and Analysts See the Stock Going Higher and Higher
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    Pfizer reports mixed quarterly results on uncertain COVID outlook
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    Yellow Stock Soars. It Isn’t Because of Good News.
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    Morrisville pharma inks deal worth close to $650 million
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    Cruise Stocks Drop as Norwegian Falls
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    Apollo leads deal for trucking firm Yellow's bankruptcy loan - Bloomberg News
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    Sales Of TG Therapeutics' New Product Doubled — Here's Why Shares Halved
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    Pfizer 2Q numbers tumble and COVID-19 vaccine, treatment sales dry up
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    SoFi Earnings Sent the Stock Flying. Why Shares Still Got a Downgrade.
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    Trucking expert calls Yellow bankruptcy a ‘travesty, one of the largest’ within the industry
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    Ripple Ruling Rebuke Complicates Coinbase’s Defense Against the SEC: Berenberg
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    Meta stock just had a monster July, and here's why August could be sizzling too
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    T. Rowe Price's Tax Tip: Use This Loophole to Save Your Heirs Big Money
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    NIO, Li, and XPeng Post Huge Deliveries Numbers. That’s Good for Tesla Stock.
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    Rockwell Automation misses quarterly forecasts on shipping delays
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    JetBlue Stock Tumbles After Earnings. It’s Not All About the Domestic Slowdown.
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    Pfizer Stock Dips As Waning Demand For Covid Products Slashes Sales In Half
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    Tupperware Stock Skyrockets 24% Ahead of the Opening Bell
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    ZoomInfo Stock Tumbles on Reduced Outlook
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    Pfizer Misses Expectations but Bets on New Drug Launches to Ease Shortfall
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    Altria Posts Narrow Earnings Beat and Maintains Profit Forecast
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    BP Earnings Fall 65% With Oil Major's Surplus Cash Turning Negative
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    Norwegian Cruise Line Earnings Aren’t Quite Good Enough. The Stock Is Falling.
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    Uber Delivers First Operating Profit. Its Winning Streak Continues.
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    Top Copper Stocks for Q3 2023
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    Altria beats revenue, profit expectations on demand for nicotine pouches
    Altria, which has been raising prices to counter the defection of consumers to cheaper brands in the face of persistent inflation, has banked on demand for its premium offerings from the Marlboro brand of cigarettes, which it markets and sells in the U.S. Altria, like peer Philip Morris, also benefited from strong demand for spitless nicotine pouches, which are an alternative to traditional moist chewing tobacco.  ( 31 min )
    CAT Stock Hits New High As Dow Jones Heavyweight Crushes Q2 Estimates
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    Marriott Beats Estimates To Kick Off Big Week For Travel Earnings; Airbnb, Booking Holdings Also Loom
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    UPDATE 1-Norwegian Cruise projects third-quarter profit below estimates as costs bite
    Norwegian Cruise Line Holdings forecast third-quarter profit below estimates on Tuesday, as higher fuel costs reverse its gains from pent-up demand for cruise bookings and raised ticket prices. Shares of the company, which appointed a new CEO in March, were down 7.2% in premarket trading. Cruise operators have been wrestling with elevated costs associated with food, raw materials, fuel, a stronger U.S. dollar and labor due to the pandemic that were exacerbated by the Russia-Ukraine war.  ( 31 min )
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    Analyst Report: Canadian Pac Kansas City Ltd
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    Analyst Report: Carrier Global Corp
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    Technical Assessment: Neutral in the Intermediate-Term
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    Caterpillar’s Sales Surge as Construction Booms
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    Pfizer Inc on Tuesday fell short of Wall Street estimates for quarterly revenue, hit by declining sales of its COVID-19 products. Total revenue for the second quarter at $12.73 billion missing analysts' estimates of $13.27 billion, according to Refinitiv data.  ( 30 min )
    Enterprise reports lower Q2 earnings as margins tighten
    U.S. energy infrastructure group Enterprise Products Partners LP reported lower earnings for the second quarter due to a major year-on-year drop in the price of natural gas liquids, which affected margins, the company said on Tuesday. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) for the second quarter of 2023 were $2.17 billion, versus $2.36 billion a year before. Lower revenues on the company's EFS Midstream System, as well as lower volumes on its propylene and octane enhancement business, also affected earnings, it said.  ( 31 min )
    Huge Delivery Numbers From, NIO, Li, and XPeng Are Good for Tesla Stock
    Chinese electric-vehicle makers Li Auto, XPeng, and NIO deliver a combined 65,604 vehicles in July. That's a record and up more than 100% from last year.  ( 26 min )
    We’re now finding out the damaging results of the mandated return to the office–and it’s worse than we thought
    Three compelling reports show just how damaging RTO mandates are turning out to be.  ( 33 min )
    Tech worker goes viral after listing all past and current salaries on LinkedIn—but experts warn that may work against you
    The reality is you may lose your ability to negotiate when you put all cards on the table.  ( 32 min )
    Stocks Drop as Weak Earnings, China Hurt Sentiment: Markets Wrap
    (Bloomberg) -- Shares in Asia rose Tuesday following bullish trade on Wall Street as investors parsed further signs of stability in the global economy.Most Read from BloombergAsia’s Richest Families Fuel Race for Lucrative Finance JobsUS, Europe Are Growing Alarmed by China’s Rush Into Legacy ChipsLots of US Homeowners Want to Move. They Just Have Nowhere to GoCharles Koch-Tied Group Seeks to Block Trump From GOP NominationA 5% US Mortgage Rate Is Seen as Tipping Point to Unlock SupplyEquities i  ( 34 min )
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    (Bloomberg) -- The S&P 500 received its most bullish outlook yet from Oppenheimer Asset Management, which sees further upside for stocks as the Federal Reserve nears a pivot and the US economy stays resilient.Most Read from BloombergAsia’s Richest Families Fuel Race for Lucrative Finance JobsUS, Europe Are Growing Alarmed by China’s Rush Into Legacy ChipsCharles Koch-Tied Group Seeks to Block Trump From GOP NominationLots of US Homeowners Want to Move. They Just Have Nowhere to GoA 5% US Mortgag  ( 31 min )
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    Arista Networks soars after issuing revenue guidance above forecasts, while ZoomInfo tumbles after cutting its outlook. Earnings are expected Tuesday from Merck, Pfizer, Caterpillar, Uber, and Advanced Micro Devices.  ( 27 min )
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    The energy giant raised its dividend by 10% and announced a new $1.5 billion share buyback program.  ( 27 min )
    BP Returns More Cash to Shareholders Despite Profit Miss
    (Bloomberg) -- BP Plc raised its dividend by 10% and said it would buy back another $1.5 billion of shares, even as its second-quarter profit fell by more than expected amid weaker oil and gas prices. Most Read from BloombergAsia’s Richest Families Fuel Race for Lucrative Finance JobsUS, Europe Are Growing Alarmed by China’s Rush Into Legacy ChipsCharles Koch-Tied Group Seeks to Block Trump From GOP NominationLots of US Homeowners Want to Move. They Just Have Nowhere to GoA 5% US Mortgage Rate I  ( 8 min )
    Billionaire Kretinsky in talks to buy Atos unit in $2.2 billion deal
    French tech company Atos said on Tuesday that it was in talks to sell its Tech Foundations unit to Czech billionaire Daniel Kretinsky's EP Equity Investment (EPEI). Atos said this sale would result in a positive net cash impact of 100 million euros ($109.9 million), and the transfer of 1.9 billion euros worth of on-balance sheet liabilities, resulting in an overall enterprise value of 2 billion euros. Atos will also re-name itself as Eviden, following the sale.  ( 30 min )
    AMD Chips Face Challenges. Why the Stock Is Still a Buy Ahead of Earnings.
    The Wall Street consensus estimate is that AMD will report revenue of $5.3 billion with adjusted earnings per share of 57 cents for the June quarter.  ( 26 min )
    HSBC lifts outlook, launches $2 billion buyback as profit beats forecasts
    HSBC Holdings reported a 235% increase in first-half profit on Tuesday, as it benefited from rising interest rates around the world and the positive effects of its planned French unit sale.Europe's largest bank with a market value of $162 billion posted a pretax profit of $21.7 billion for the first six months this year, versus $9.2 billion a year earlier. The results were better than the $20.9 billion mean average estimate of brokers compiled by HSBC.  ( 30 min )
    CVS to shed 5,000 jobs in cost-cutting push - WSJ
    CVS Health is shedding 5,000 jobs to help reduce costs as the U.S. pharmacy chain sharpens its focus on healthcare services, the Wall Street Journal reported on Monday. CVS added that the jobs affected will primarily be corporate positions, according to the report, citing a memo reviewed by WSJ. CVS did not immediately respond to a Reuters request for comment.  ( 30 min )
    Bitcoin, Ether drop in Asia afternoon trading as market digests Curve hack; most other leading tokens decline
    Bitcoin and Ether traded little changed on Tuesday morning, both holding at support prices they have fluctuated around for several weeks.  ( 32 min )
    Stocks are in the middle of a 'pivot rally' that still has room to run, according to one of Wall Street's biggest bears
    No content preview
    Billionaire Mark Mobius Says Emerging Market Stocks Are the Place to Be Right Now; Here Are 2 Names That Analysts Like
    Since the end of the Second World War, the US has been the 800-pound gorilla of the world economy – the largest in monetary terms, the largest producer, the largest innovator, the largest financial market. That dominance has been challenged in the last couple of decades, with the rise of China to become the world’s second-largest economy, the expansion of Taiwan’s semiconductor chip industry to global leadership, the ingenuity of South Korean tech firms – especially in AI, and the expansion of I  ( 10 min )
    Wharton professor Jeremy Siegel says the stock market is headed to new all-time highs thanks to a strong economy and resilient corporate earnings
    "Lower inflation and stronger economy and good guidance and good profits, what's to stop this market now?"  ( 7 min )
  • Open

    Fitch Downgrades US Credit Rating Amid Fiscal Face-Offs. Here's Why It Matters.
    One debt limit fight just ended at the beginning of June and another budget fight is likely on the way. That, along with a few other macroeconomic factors, was enough for Fitch to downgrade the country's credit rating to AA+.  ( 17 min )
    What Is Borrower Defense?
    Borrower defense is a federal regulation that allows students who have been defrauded by their college to seek forgiveness for their student loans.  ( 22 min )
    S&P 500 Gains and Losses Today: Pharma Stocks Fall After Pfizer, Merck Reports
    The S&P 500 finished 0.3% lower on Tuesday, Aug. 1, 2023, as weaker-than-expected earnings from pharmaceutical companies weighed on the broader index.  ( 17 min )
    Top CDs Today: Rates Holding at Record Levels
    See what today's best CD rates are in every term and how they compare to the previous day's top rates. We track daily CD rates from more than 200 banks and credit unions.  ( 18 min )
    Dow Jones Today: Caterpillar Earnings Lift Index
    The price-weighted index rode gains from Caterpillar to move higher by 0.2%, or roughly 70 points, despite more than two-thirds of the index’s stocks falling.  ( 17 min )
    Ford Electric F-150 Lightning Plant Reopens as Price Cuts Boost Demand
    Ford Motor Company said the plant that produces its popular electric F-150 Lightning pickup is back in operation, and ready to meet rising demand.  ( 16 min )
    Apple Bank Savings Account Interest Rates: August 2023
    The savings account at Apple Bank offers competitive rates, but are they competitive enough? We reviewed Apple Bank so you can decide if the bank is right for you.  ( 21 min )
    What Recession? Model Shows GDP Growth Accelerating To 3.9% In 3rd Quarter
    The gross domestic product, a broad measure of the country’s entire economic output, is on track to surge ahead to a 3.9% annual growth rate in the third quarter, for now.  ( 17 min )
    Norwegian Cruise Line Guidance Misses Forecasts as Costs Weigh on Earnings
    Norwegian Cruise Line shares plummeted as the cruise line operator’s outlook for the key third quarter missed estimates on higher costs.  ( 16 min )
    GenZ Wants To Invest In Line With Their Values, But The Economy Is Making That Harder
    High inflation, high interest rates, and high costs of living has impacted how younger generations invest.  ( 18 min )
    What Does "Guns and Butter" Mean?
    "Guns and Butter" describes the opposing relationship between defense and social spending for a nation's government.  ( 21 min )
    Construction Spending Jumped in June
    Construction spending—a key economic indicator of infrastructure activity—jumped 3.5% higher in June compared to a year ago, and was up 0.5% month-over-month.  ( 17 min )
    Uber Posts First Quarterly Operating Profit, But Shares Fall After Revenue Miss
    Uber Technologies posted its first-ever quarterly operating profit, but shares slumped as revenue missed estimates.  ( 18 min )
    What Is the Morbidity Rate? Factors and How It Differs From Mortality Rate
    The morbidity rate, used by various insurance companies to price their premiums, is the frequency with which a disease appears in a population.  ( 21 min )
    Stockholders' Equity: What It Is, How To Calculate It, Examples
    Stockholders' equity is the remaining amount of assets available to shareholders after paying liabilities. Learn how to calculate stockholders’ equity.  ( 24 min )
    Top S&P 500 ETFs for Q3 2023
    iShares Core S&P 500, Vanguard S&P 500, and SPDR Portfolio S&P 500 are tied for lowest fees, while SPDR S&P 500 is the most liquid.  ( 19 min )
    Avoiding The Modified Endowment Contract Trap
    The government limits how much money can be put into life insurance without losing tax benefits. How can you avoid this Modified Endowment Contract trap?  ( 25 min )
    Hardship Default Definition
    A hardship default is a failure to make a scheduled payment on a debt due to a financial setback. Learn what a hardship default is, how it works, and how to avoid it.  ( 23 min )
    The Great Housing Crash of 2023 That Wasn't
    The housing market has problems, but widespread crashing prices isn’t one of them, according to Zillow economists who declared the housing market has “avoided a crash.”  ( 19 min )
    Foreign Purchases in US Homes Fall to Lowest Since 2009
    U.S. homebuying by foreigners for the year ending in March was the lowest since 2009, the National Association of Realtors (NAR) found.  ( 18 min )
    What Is Term Insurance? How Does It Work, and What Are the Types?
    Term life insurance guarantees payment of a death benefit if the person insured passes away within a certain number of years. Learn how it works and alternatives.  ( 25 min )
    Cashing In Your Life Insurance Policy
    You may face times when you need cash for an expense. Learn how to determine whether cashing in your life insurance policy is the right solution for you.  ( 30 min )
    Top Natural Gas Stocks for Q3 2023
    Permian Resources, Civitas Resources, and Northern Oil & Gas led sector performance over the past year  ( 21 min )
    How to Consolidate Student Loans
    A student loan consolidation can save you money on your student loans, but there are some pros and cons to consider.  ( 25 min )
    Job Market Pickings Got Slimmer in June, Though Far From a Famine
    Job seekers, who have enjoyed plentiful options in recent years, saw their choices diminish somewhat in June as the number of job openings ticked down to their lowest since April 2021.  ( 17 min )
    Direct Consolidation Loan: Pros, Cons, and Process
    A direct consolidation loan is a type of direct loan that combines two or more federal education loans into a single loan.  ( 24 min )
    Top 25 S&P 500 Stocks by Index Weight for August 2023
    These are the top 25 most heavily weighted stocks in the Standard & Poor's 500 Index.  ( 28 min )
    Government Agency Investigates 280,000 Teslas Over Steering Issues
    The National Highway Traffic Safety Administration (NHTSA) has initiated a probe into Tesla's 2023 editions of Models 3 and Y.  ( 18 min )
    Falling Refinery Margins Slice Marathon Petroleum's Quarterly Earnings
    Falling refinery margins slice Marathon Petroleum's quarterly earnings, but profit and revenue still surpass expectations as oil, gas prices again head higher.  ( 18 min )
    How Do Odds Work in Betting?
    Learn about the three popular betting odds formats—British (fractional), European (decimal), and American (money line)—and how to interpret them.  ( 24 min )
    Markets Fall at Midday as Cruise-Line Stocks Drop After Latest Earnings Reports
    U.S. equities fell at midday on Aug. 1, 2023, as optimism about corporate earnings faded following the release of the latest batch of reports.  ( 16 min )
    What Is a Paper Trade? Definition, Meaning, and How to Trade
    A paper trade is the practice of simulated trading so that investors can practice buying and selling securities without the involvement of real money.  ( 23 min )
    How to Compare the Yields of Different Bonds
    Understand how to compare the yields of different bonds, and how to equalize and compare fixed-income investments with different yield conventions.  ( 21 min )
    Merck Beats Quarterly Estimates, Lifts Outlook on Sales of Cancer Drug, HPV Shot
    Merck reported better-than-expected results and raised its sales outlook on rising drug and vaccine sales.  ( 16 min )
    Pfizer Q2 Revenue Misses Expectations as COVID Product Demand Slumps
    Drugmaker Pfizer's Q2 earnings showed mixed results. EPS beat analyst expectations but revenue declined on falling demand for its COVID products.  ( 17 min )
    BP Is Latest Energy Firm to Report Profit Drop on Lower Oil and Gas Prices
    BP is the latest to join the list of major energy companies that posted big profit declines because of falling oil and gas prices.  ( 16 min )
    Small-Business Grants: Everything You Need to Know
    Did you know that you might be eligible for a grant to help start or run your small business? There are many out there for the taking; you just need to know where to look.  ( 27 min )
    S&P 500 Companies Ramped Up Capital Expenditures for the 9th Quarter
    U.S. companies are ramping up their capital expenditures (CapEx) after years of underinvestment, according to research from Bank of America.  ( 17 min )
    Setting Asset Valuation: Patents
    Protect innovative ideas with different types of patents. The values of these assets increase the overall value of your business.  ( 21 min )
    How Foreigners Can Open Savings Accounts in the U.S.
    Find out how to open a savings account in the U.S. if you are a foreigner. Learn about the restrictions and qualification criteria as well as about the process.  ( 24 min )
    Top Dividend Stocks for August 2023
    BRY, GNK, ARI, PXD, and EGLE lead peers by forward dividend yield  ( 24 min )
    Mortgage Rates Dip
    Most mortgage rates dipped Monday, with another handful of averages holding steady. The 15-year average edged slightly higher, however, to hit a three-week high.  ( 20 min )
    American Express Savings Account Interest Rates: August 2023
    American Express is more than just a popular credit card issuer; it offers competitive savings account rates, too. Learn more about saving money with Amex.  ( 20 min )
    Types of Pet Insurance
    You can buy comprehensive, accident-only, and wellness pet insurance. The first two types cover a variety of accidents and illnesses, while wellness is optional.  ( 23 min )
    Birkenstock Plans September IPO At $8 Billion Valuation On Barbie Success
    Footwear brand Birkenstock, known for its high-fashion array of sandals, is considering going public in September via an IPO, potentially valuing the company at more than $8 billion.  ( 19 min )
    Amazon's Virtual Clinic Expands Nationwide
    Launched in November of last year, Amazon Clinic rolls out nationwide though its message-based consultations are still limited to 34 states.  ( 18 min )
    Top Stocks for August 2023
    Theravance Biopharma, Sun Country Airlines Holdings, and Cabaletta Bio are the top stocks in August for best value, fastest growth, and most momentum, respectively.  ( 23 min )
    529 Plan: What It Is, How It Works, Pros and Cons
    A 529 plan is a tax-advantaged account that can be used to pay for qualified education costs, including college, K–12, and apprenticeship programs. Starting in 2024, a specified amount of unspent funds can be transferred to a Roth IRA.  ( 27 min )
    Top Shipping Stocks for Q3 2023
    ZIM Integrated Shipping Services, Nordic American Tankers, and Eneti are the top performers for value, growth, and momentum, respectively.  ( 21 min )
    Top Oil and Gas Stocks for Q3 2023
    Saturn Oil & Gas, Vertex Energy, and YPF SA are top for value, growth, and momentum, respectively  ( 21 min )
    Personal Consumption Expenditures (PCE): What It Is and Measurement
    Personal consumption expenditures is a measure of consumer spending and includes all goods and services bought by U.S. households. Learn more about PCE and how it's used.  ( 27 min )
    Private Placements: Definition, Example, Pros and Cons
    A private placement is a sale of stock shares to pre-selected investors and institutions rather than on the open market.  ( 24 min )
    Top Copper Stocks for Q3 2023
    Southern Copper Corp. is the best value copper stock and Capstone Copper Corp. leads for growth and momentum in this metals industry.  ( 20 min )
    5 Things to Know Before Markets Open
    Meta Platforms is planning to roll out AI chatbots to help it retain users of its apps and healthcare retailer CVS lays off 5,000 workers as it cuts costs in preparations to expand into primary care. Here’s what investors need to know today.  ( 19 min )
  • Open

    Dow Jones Today: Caterpillar Earnings Lift Index
    The price-weighted index rode gains from Caterpillar to move higher by 0.2%, or roughly 70 points, despite more than two-thirds of the index’s stocks falling.  ( 1 min )
    S&P 500 Gains and Losses Today: Pharma Stocks Fall After Pfizer, Merck Reports
    The S&P 500 finished 0.3% lower on Tuesday, Aug. 1, 2023, as weaker-than-expected earnings from pharmaceutical companies weighed on the broader index.  ( 1 min )
    BP Is Latest Energy Firm to Report Profit Drop on Lower Oil and Gas Prices
    BP is the latest to join the list of major energy companies that posted big profit declines because of falling oil and gas prices.  ( 1 min )
    S&P 500 Companies Ramped Up Capital Expenditures for the 9th Quarter
    U.S. companies are ramping up their capital expenditures (CapEx) after years of underinvestment, according to research from Bank of America.  ( 1 min )
    Markets Fall at Midday as Cruise-Line Stocks Drop After Latest Earnings Reports
    U.S. equities fell at midday on Aug. 1, 2023, as optimism about corporate earnings faded following the release of the latest batch of reports.  ( 1 min )
    5 Things to Know Before Markets Open
    Meta Platforms is planning to roll out AI chatbots to help it retain users of its apps and healthcare retailer CVS lays off 5,000 workers as it cuts costs in preparations to expand into primary care. Here’s what investors need to know today.  ( 1 min )
  • Open

    Vliegen weer meer in trek: bijna negentien miljoen passagiers in Nederland
    Passagiersvliegtuigen stijgen en landen weer vaker op Nederlandse luchthavens en ze zitten ook voller. In het tweede kwartaal van dit jaar ging het om bijna negentien miljoen passagiers. Dat zijn er 9,3 procent meer dan vorig jaar.  ( 4 min )
    Amazon opent eerste Nederlandse distributiecentrum in Almelo
    Amazon heeft dinsdag zijn eerste Nederlandse distributiecentrum in Almelo geopend. De locatie moet tot 25.000 pakketten per dag kunnen verwerken, waardoor het webwinkelconcern meteen kans ziet meer producten in zijn assortiment op te nemen.  ( 3 min )
    Italiaanse tankstations moeten voortaan gemiddelde benzineprijs tonen
    Tankstations in Italië moeten vanaf dinsdag verplicht de gemiddelde prijzen van benzine en diesel tonen. Italië wil zo voorkomen dat pomphouders sjoemelen met de prijzen.  ( 3 min )
    Steeds meer Nederlanders pakken de motor, ook steeds meer jongeren
    In de eerste helft van dit jaar is er al een recordaantal nieuwe motoren verkocht in Nederland. Vooral onder jongeren wordt de motor steeds populairder.  ( 3 min )
    NU+ | Goedkoop laadkabeltje, warme smartphone: moet je je zorgen maken?
    Een telefoon wordt warmer als hij aan de laadkabel hangt, omdat er elektriciteit in stroomt. De accu wordt dan aan het werk gezet. Maar hoe warm hij wordt, ligt ook aan de kabel. Moet je je daar zorgen over maken?  ( 3 min )
    Onverwachte winst bij Uber door recordaantal taxiritten
    Ondanks de hoge inflatie werden er van april tot en met juni wereldwijd een recordaantal ritten geboekt bij Uber. Dat zegt het taxibedrijf dinsdag bij de presentatie van de cijfers.  ( 3 min )
    Nieuwe auto's rijden in file showroom uit, Kia Picanto in juli het populairst
    Dit jaar zijn tot nu toe ruim 229.000 nieuwe personenauto's geregistreerd. Dat zijn er 30,6 procent meer dan een jaar eerder. Vorige maand gingen bijna 29.000 nieuwe auto's de weg op, bijna een derde meer dan in juli 2022.  ( 3 min )
    FBI gebruikte zonder het zelf te weten verboden Israëlische spionagesoftware
    De FBI heeft naar eigen zeggen onbewust commerciële spionagesoftware ingezet om mensen te volgen. Daar kwam de dienst achter nadat The New York Times eerder dit jaar bewijs vond dat de Amerikaanse regering zich daar schuldig aan heeft gemaakt.  ( 3 min )
    Oliebedrijven profiteren minder van impact Oekraïne-oorlog op brandstofprijzen
    Net als bij Shell en Total zakken dit jaar ook bij olie- en gasproducent BP de winsten hard terug. De nettowinst van BP was in het tweede kwartaal ruim drie keer zo laag als in dezelfde periode vorig jaar.  ( 3 min )
    Facebook-moederbedrijf komt waarschijnlijk volgende maand met AI-chatbots
    Meta is van plan een reeks AI-chatbots naar zijn diensten te brengen. Het Facebook-moederbedrijf is van plan de chatbots van verschillende persoonlijkheden te voorzien. Ze verschijnen mogelijk al volgende maand, zeggen bronnen tegen de Financial Times.  ( 3 min )
    Duitse supermarkt berekent in proef milieukosten door aan klant
    Voor negen producten moeten klanten van supermarktketen Penny Market deze week de "werkelijke prijs" betalen. De Duitse discounter berekent de kosten van milieuschade door, waardoor een bol mozzarella bijna twee keer zo duur is.  ( 3 min )
    Toyota voert productie op nu chiptekorten verkoop niet meer afremmen
    De Japanse autoproducent Toyota produceerde en verkocht in het tweede kwartaal meer auto's dan ooit. Dat kon doordat de chiptekorten achter de rug zijn. Ook werkt mee dat de Japanse yen goedkoop is voor consumenten buiten Japan.  ( 3 min )
    Thuisbezorgd-koeriers vervoeren naast een snelle hap nu ook bodylotion
    Maaltijdbezorger Thuisbezorgd brengt naast pizza's en burgers nu ook shampoo, zeep en andere verzorgingsmiddelen rond. Daarvoor gaat het bedrijf een samenwerking aan met Lush.  ( 3 min )
    Arbeidsmarkt verandert: werknemers zoeken openlijk naar nieuwe baan
    Werknemers hebben nauwelijks iets te vrezen als zij openlijk aangeven dat ze op zoek zijn naar een andere baan. Veel bedrijven hebben namelijk grote moeite om mensen aan te trekken en te behouden vanwege het personeelstekort. En dat zorgt voor andere verhoudingen op de arbeidsmarkt.  ( 5 min )
  • Open

    Ford Electric F-150 Lightning Plant Reopens as Price Cuts Boost Demand
    Ford Motor Company said the plant that produces its popular electric F-150 Lightning pickup is back in operation, and ready to meet rising demand.  ( 1 min )
    Government Agency Investigates 280,000 Teslas Over Steering Issues
    The National Highway Traffic Safety Administration (NHTSA) has initiated a probe into Tesla's 2023 editions of Models 3 and Y.  ( 1 min )
    Birkenstock Plans September IPO At $8 Billion Valuation On Barbie Success
    Footwear brand Birkenstock, known for its high-fashion array of sandals, is considering going public in September via an IPO, potentially valuing the company at more than $8 billion.  ( 1 min )
    Amazon's Virtual Clinic Expands Nationwide
    Launched in November of last year, Amazon Clinic rolls out nationwide though its message-based consultations are still limited to 34 states.  ( 1 min )

  • Open

    Taco Bell sued over amount of meat, beans in Mexican pizzas, crunch wraps
    A new lawsuit accuses Taco Bell of falsely advertising its Mexican pizzas and crunch wraps and showing the menu items as being fuller than real life.  ( 31 min )
    CD vs. Savings Account: What’s Smarter Right Now?
    Both CDs and high-yield savings accounts are paying record rates right now, with dozens of options that earn 5.00% or more. Find out how to choose what's best for you.  ( 20 min )
    Here's why the Fed's rate hikes haven't actually hit Americans that hard
    No content preview
    Why SoFi CEO sees profitability by year end as deposits soar
    SoFi is reaching an affluent client base. Customers opening new direct-deposit accounts in the second quarter had a median FICO score of 747  ( 13 min )
    Top CD Rates Today: New Nationwide Leader Unveiled
    See what today's best CD rates are in every term and how they compare to the previous day's top rates. We track daily CD rates from more than 200 banks and credit unions.  ( 20 min )
    Molson Coors Results On Tap; AB InBev To Nurse Hangover From Bud Light Boycott
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    Tupperware Gets A Seat At The Meme Stock Table As Investor Interest Hots Up
    Even as some of the original meme stocks lose momentum, Tupperware is the newest member of the group with shares rising about 450% in just a month.  ( 19 min )
    ZoomInfo Stock Tumbles on Reduced Outlook
    ZoomInfo shares are down sharply after the database information provider trimmed its full-year financial forecast.  ( 26 min )
    Dow Jones Futures: Microsoft, Tesla At Key Support Levels; 5 Big Earnings Movers
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    Chipmaker Rambus Creates A Rumpus As Stock Falls After Earnings Report
    No content preview
    Watch Pfizer’s Earnings for News on Shift to New Drugs
    The company is seeking new sources of revenue because patent expirations are expected to hit seven of its key products by the end of the decade.  ( 27 min )
    AT&T HR Chief Is Leaving as Company Cuts Thousands of Jobs
    (Bloomberg) -- AT&T Inc.’s human resources chief, Angela Santone, will leave the company at the end of September, just as the telecommunications giant is eliminating thousands of jobs as part of a newly expanded $8 billion cost-reduction program.Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoAsia’s Richest Families Fuel Race for Lucrative Finance JobsUS, Europe Are Growing Alarmed by China’s Rush Into Legacy ChipsStock Traders Refrain From Big Bets After  ( 8 min )
    Warren Buffett's favorite market gauge hits 171%, signaling stocks are overheated and a crash may be coming
    The Buffett Indicator spiking is a "very strong warning signal," and buying stocks when it's around 200% is "playing with fire," Buffett has said.  ( 6 min )
    Brightly flashing 'X' sign removed from the former Twitter's San Francisco headquarters
    A brightly flashing “X” sign has been removed from the San Francisco headquarters of the company formerly known as Twitter just days after it was installed. The San Francisco Department of Building Inspection said Monday it received 24 complaints about the unpermitted structure over the weekend, including concerns about its structural safety and illumination. The Elon Musk-owned company, which has been rebranded as X, had removed the Twitter sign and iconic blue bird logo from the building last week.  ( 5 min )
    Arista Slays Bears As Earnings Beat Amid Microsoft, Meta Worries
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    Disney Shares Climb as Two Former Execs Return to Advise on Company Strategy
    Disney shares gained as the entertainment giant reportedly brought back two former execs to advise CEO Bob Iger.  ( 16 min )
    PNC closed more branches than any U.S. bank in June
    PNC closed 173 branches in the first half of 2023, capped by 46 in June.  ( 10 min )
    J&J Leads Losses on the Dow After Court Rejects Bankruptcy Plans
    Johnson & Johnson shares dropped after a judge ruled against its plan to resolve talcum powder-related lawsuits.  ( 17 min )
    Hedge Funds ‘Throwing In Towel’ on Stocks as Rally Forces Unwind
    (Bloomberg) -- For stock-picking hedge funds coping with 2023’s loopy markets, risks are starting to outweigh the rewards.Most Read from BloombergAsia’s Richest Families Fuel Race for Lucrative Finance JobsUS, Europe Are Growing Alarmed by China’s Rush Into Legacy ChipsLots of US Homeowners Want to Move. They Just Have Nowhere to GoCharles Koch-Tied Group Seeks to Block Trump From GOP NominationA 5% US Mortgage Rate Is Seen as Tipping Point to Unlock SupplyPro managers who make both bullish and  ( 33 min )
    Stocks close higher to end another strong month: Stock market news today
    Stocks rose Monday as investors prepared for earnings from Apple and Amazon and for the July jobs report to land later this week.  ( 31 min )
    Dow Jones Giant Microsoft, 3 Other Best Stocks To Buy And Watch In The Stock Market Today
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    Young, Rich Americans Don't Trust the Stock Market, So They're Turning to Alternative Assets to Amplify Their Wealth
    A fresh wave of investors is veering away from the tried-and-true stocks and bonds, opting to venture into alternative assets. Gen Z and wealthy young investors are increasingly drawn to alternative investments rather than conventional choices. Based on a survey conducted by Lansons, it was found that less than 10% of the entire American population has invested in alternative assets. However, among the younger generations, there is a more significant interest in alternative investments, with 30%  ( 31 min )
    Boston hedge fund builds up a 25% stake in Yellow in past three weeks
    Mass layoffs and plans to file for bankruptcy haven't scared off a Boston-based hedge fund that now owns a 25% stake in Yellow.  ( 11 min )
    AAPL Stock Today: How To Trade The Upcoming Earnings With Options
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    Disney Taps Two Former Executives to Help Sell ESPN Stake
    (Bloomberg) -- Walt Disney Co. hired Kevin Mayer and Tom Staggs, two executives once in the running to replace Bob Iger as chief executive officer, to help it evaluate strategic partners for its ESPN sports networks.Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoAsia’s Richest Families Fuel Race for Lucrative Finance JobsUS, Europe Are Growing Alarmed by China’s Rush Into Legacy Chips‘FOMO Rally’ Hits a Wall as Stock Fatigue Kicks In: Markets WrapWhy Chin  ( 31 min )
    The best state to retire in isn't Florida, new study finds
    The Hawkeye State was No.1 on a Bankrate list of best places to retire, with Missouri and Nebraska among the top 10.  ( 31 min )
    Taco Bell is sued for false advertising of Crunchwraps, Mexican pizzas
    Frank Siragusa was not happy that the Mexican Pizza he paid $5.49 for at a Taco Bell in New York City last September appeared to contain only half as much beef and bean filling as the photo in the chain's advertising. In a proposed class action filed on Monday in Brooklyn federal court, Siragusa accused Taco Bell of deceiving consumers by falsely advertising its Mexican Pizza, Veggie Mexican Pizza, Crunchwrap Supreme, Grande Crunchwrap and Vegan Crunchwrap as containing "at least double" their actual content.  ( 30 min )
    It'll 'Upset A Lot Of Donors': Elon Musk Mocks Joe Biden's Tweet Calling On The Super Rich To Pay 'Their Fair Share.' Here's How Some Billionaires Pay Less Income Tax Than You
    The fairness of the U.S. tax system has long been debated. President Joe Biden recently tweeted, "It's about time the super-wealthy start paying their fair share." The message caught the attention of Tesla Inc. CEO and Twitter Inc. owner Elon Musk. "Please give him the password, so he can do his own tweets," Musk replied, implying that the tweet wasn't written by the commander in chief himself. But the billionaire business tycoon actually agrees with Biden's view. "In all seriousness, I agree th  ( 9 min )
    How To Earn $500 A Month From Citigroup Stock
    Oppenheimer analyst Chris Kotowski upgraded shares of Citigroup, Inc (NYSE:C) to an Outperform rating and lifted the price target from $84 to $88. The analyst said that Citigroup, with a tangible book value of 0.59x, is still one of the cheapest banks on the market. He further noted that Citigroup’s underlying operating trends closely reflect its second-quarter full-year 2023 results, which beat Street consensus. Citigroup reported a 1% year-over-year decline in net revenue to $19.44 billion, be  ( 8 min )
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    Crypto founder allegedly bought ‘The Enigma,’ the largest black diamond in the world, after raising more than $1 billion in unregistered securities
    "The Enigma" is 555 carats and was sold by Sotheby's to Richard Heart in February 2022.  ( 30 min )
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    (Bloomberg) -- The creator of crypto token Hex illegally used millions of dollars of investor funds to buy a 555-carat black diamond known as “The Enigma,” according to the US Securities and Exchange Commission.Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoAsia’s Richest Families Fuel Race for Lucrative Finance JobsUS, Europe Are Growing Alarmed by China’s Rush Into Legacy ChipsWhy China’s Miracle Growth Story May Be Coming to an EndWall Street Holds Bac  ( 31 min )
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    Investing.com -- Stocks were muted on Monday as a deluge of megacap earnings started to hit this week, and as investors await this week's jobs report for July.  ( 31 min )
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    We have just been through a period of abundant stock market gains, but that is no coincidence, according to one legendary stock picker. Ken Fisher calls the last 9 months the “midterm miracle.” That is, history has shown that the 9 months starting October of a midterm election year turn out to be the most consistently profitable period in the stock market in all stock market history. With the huge strides made since October 1 last year, this scenario has played out in a “picture perfect” way. Bu  ( 10 min )
    Trucking Company Yellow Filing for Bankruptcy Amid Union Standoff and $1.3B Debt
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    Tupperware has become a meme stock, gaining over 300% in past month
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    Which Detroit Auto Stock Is the Best? Not Ford, Analyst Says. Opt for This One Instead.
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    (Bloomberg) -- Morgan Stanley’s Michael Wilson, one of the few Wall Street strategists to see last year’s equities rout coming, has been among the market’s leading pessimists throughout 2023. But on Monday, after months of soaring stocks, he changed his tone and now sees the rally running further. Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoAsia’s Richest Families Fuel Race for Lucrative Finance JobsBurning Ship’s Operator Says Almost 500 EVs Are on Bo  ( 8 min )
    ON Semiconductor Stock Rises as Chip Stocks Dip
    Shares of ON Semiconductor rose early Monday, leading the the S&P 500's advancers and supporting an index of chip stocks in morning trading. ON's stock was recently up roughly 2.5%. The Scottsdale, Ariz.-based company, which makes intelligent sensing and power services, said it is targeting third-q  ( 21 min )
    Elon Musk denies city building inspectors access to Twitter headquarters to evaluate safety of new X sign
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    (Bloomberg) -- SoFi Technologies Inc. shares rose the most in almost a year after the online bank raised its revenue guidance, citing benefits from deposit growth and lower funding costs on loans.Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoAsia’s Richest Families Fuel Race for Lucrative Finance JobsBurning Ship’s Operator Says Almost 500 EVs Are on BoardChina Stops Short of Direct Consumer Support to Spur EconomyStocks Waver as Risk Appetite Cools; Yen  ( 7 min )
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    Stocks rose in the early going Monday, as investors prepared for earnings from Apple and Amazon, and for the July jobs report to land later this week.  ( 7 min )
    Yellow is shutting down after 99 years. Here's what happened.
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    Yellow is shutting down and headed for bankruptcy, the Teamsters Union says. Here's what to know
    Trucking company Yellow Corp. has shut down operations and is headed for a bankruptcy filing, according to the Teamsters Union and multiple media reports. After years of financial struggles, reports of Yellow preparing for bankruptcy emerged last week — as the Nashville, Tennessee-based trucker saw customers leave in large numbers. Yellow shut down operations on Sunday, according to the Wall Street Journal, following the layoffs of hundreds of nonunion employees on Friday.  ( 10 min )
    Attention Wealthy Americans: You're Not Taking Retirement Seriously Enough
    Higher-income households are more likely to overestimate their retirement readiness, according to a new analysis from the Center for Retirement Research at Boston College. The findings underscore the importance of proper retirement planning, even for the wealthy. While 28% of … Continue reading → The post Attention High Earners: You're Not Taking Retirement Seriously Enough appeared first on SmartAsset Blog.  ( 8 min )
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    Missing Millions and a Rabbinical Arbitrator: Real-Estate Deal Gone Bad Hits Popular Crowd Funder
    CrowdStreet raised $4 billion by promising big returns to small investors, but many deals were disappointing.  ( 27 min )
    Bullish MicroStrategy Analysts Raise Price Targets Ahead of Q2 Earnings
    Analysts are bullish on software company MicroStrategy (MSTR), which reports earnings for the second quarter after the market close on Tuesday, and it’s all thanks to the many bitcoin (BTC) it holds.  ( 7 min )
    GE Stock Hit With a Downgrade, the Market Shrugs. Here’s Why.
    Oppenheimer analyst Christopher Glynn bumped shares of General Electric to the equivalent of Hold from Buy.  ( 26 min )
    Coinbase boss Brian Armstrong: SEC suggested change that would have triggered the end of the crypto industry in America
    “Let’s go to court and find out what the court says.”  ( 8 min )
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    Ford Stock Catches Downgrade. Chrysler Owner Stellantis Is the Best Bet, Says This Analyst.
    Jefferies analyst Philippe Houchois downgraded Ford stock to Hold from Buy. His price target went to $15 a share from $17.  ( 26 min )
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    Shares of SoFi Networks surged ahead of its earnings report and trucking company Yellow shut down operations as it prepares for bankruptcy. Here’s what investors need to know today.  ( 17 min )
    Oil Prices Head for Biggest Monthly Climb In Over a Year
    Crude prices are on track for their biggest one-month advance since January last year, as traders brace for cuts by Saudi Arabia and Russia to tighten supplies. Brent crude futures, the global oil benchmark, have risen 13% in July to about $85 a barrel. The rally has snapped oil out of a monthslong  ( 22 min )
    Oil to drift lower as slower growth offsets OPEC+ cuts: Reuters poll
    Oil prices will stall this year as weak economic growth is expected to curb demand and offset the impact of OPEC+ production cuts on supply, a Reuters poll showed on Monday. U.S. crude was seen averaging $77.20 a barrel in 2023, down from the previous month's $78.38 forecast, and $78.25 in 2024. "We expect the impact of high interest rate levels to start curbing economic growth more strongly over H2 2023," data and analytics firm Kpler said, maintaining "a comparatively bearish view on the market".  ( 7 min )
    Apple Grapples With Weak Smartphone Market. This Analyst Says Buy the Stock Anyway.
    Wedbush's Daniel Ives suggests looking past iPhone sales and backing Apple stock on a likely acceleration in services revenue in 2024.  ( 26 min )
    Clock on the Fed's 'soft landing' may already be ticking
    Throughout the Federal Reserve's drive to kill inflation, policymakers have focused on raising the benchmark overnight interest rate high enough to do the job and getting it there fast enough to keep the public from losing faith. The Fed last week raised its policy rate to the 5.25%-5.50% range, the 11th increase in the last 12 meetings.  ( 9 min )
    Coinbase CEO Says SEC Wanted All Assets Except Bitcoin Delisted: Report
    The regulator reportedly wanted Coinbase to cease trading all cryptocurrencies except Bitcoin prior to its legal action against the exchange.  ( 7 min )
    Amazon investors eye revenue, cloud growth and retail margins ahead of earnings
    Amazon investors are looking for updates on the tech giant's cloud business, ad revenue growth and signals on consumer health heading into the holidays as inflation continues to impact spending for corporations and consumers. Investors want to know how Amazon Web Services (AWS), the company's cloud provider, stands up against Microsoft and Google's, which both on Tuesday reported slowed growth in their cloud businesses in the quarter ending in June 30. Amazon previously said it is seeing a decrease in growth in AWS as business clients reallocated their spending to reduce costs.  ( 8 min )
    CEO lessons from the Jack Welches of the world are ‘mostly obsolete’ now, ex-Dow Chemical chief executive says
    Today's business landscape requires totally different set of skills, Andrew Liveris writes in his new book.  ( 7 min )
    Traders Brace for $102 Billion Wave of Treasury Bond Sales
    (Bloomberg) -- The US Treasury is set this week to begin a ramp-up in issuance of longer-dated securities that’s likely to stretch into next year, forced by a rapidly deteriorating budget deficit and soaring interest rates.Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoAsia’s Richest Families Fuel Race for Lucrative Finance JobsBurning Ship’s Operator Says Almost 500 EVs Are on BoardChina Stops Short of Direct Consumer Support to Spur EconomyArab States S  ( 9 min )
    These 21 private equity power players are shaping the $8 trillion industry as a new guard emerges
    Whether in their sixth decade or their third, these are some of the most powerful private equity investors in the U.S. And they have $1.5 trillion to invest.  ( 19 min )
    Adobe Could Add Another 25% to Its Blistering Rally, Morgan Stanley Says
    (Bloomberg) -- Adobe Inc.’s blistering rally has further to go, according to Morgan Stanley analyst Keith Weiss, who sees the creative software maker’s shares adding a further 25% over the next year.Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoAsia’s Richest Families Fuel Race for Lucrative Finance JobsBurning Ship’s Operator Says Almost 500 EVs Are on BoardChina Stops Short of Direct Consumer Support to Spur EconomyArab States Sour on Israel in Blow to  ( 7 min )
    These Stocks Are Moving the Most Today: SoFi, Walmart, J&J, Apple, Amazon, and More
    SoFi Technologies is scheduled to post earnings on Monday, while reports from Apple and Amazon are set for later in the week. Walmart, meanwhile, boosts its stake in India's Flipkart, according to The Wall Street Journal.  ( 26 min )
    Stocks to Watch Monday: Palantir, Walmart, J&J
    ↗️ Palantir (PLTR): The data-mining company's shares gained roughly 5% ahead of the opening bell. The stock surged 10% Friday, boosted by an analyst note that said it was poised to be a major player in the artificial-intelligence revolution. ↘️ [**  ( 22 min )
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    (Bloomberg) -- European stocks edged lower as the weakest corporate earnings season since 2020 outweighed optimism that interest rates were potentially peaking. Heineken NV slumped after the brewer cut earnings forecast as its price increases drove consumers away from its brands.Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoBurning Ship’s Operator Says Almost 500 EVs Are on BoardAsia’s Richest Families Fuel Race for Lucrative Finance JobsArab States Sour  ( 32 min )
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    Lamborghini could hit 10,000 sales this year, CEO says
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    Bonds Drop, Stocks Waver as Traders Seek Rate Cues: Markets Wrap
    (Bloomberg) -- Equities in Asia rose Monday following a rally on Wall Street as investors embraced fresh signs that inflation is easing further. Chinese stock gauges led gains on expectations of more government stimulus. Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoBurning Ship’s Operator Says Almost 500 EVs Are on BoardBodegas Put on Notice as Visa Fights Back on Card SurchargesAsia’s Richest Families Fuel Race for Lucrative Finance JobsArab States Sou  ( 33 min )
    Swiss National Bank posts $15 billion loss as rate hikes hit bond holdings
    The Swiss National Bank on Monday posted a second quarter loss of 13.20 billion Swiss francs ($15.14 billion) as interest rate hikes by other central banks dented the value of its massive bond holdings. The SNB lost 8.08 billion francs on its foreign currency positions of 742 billion francs as bond prices fell as investors feared more interest rate hikes by the U.S. Federal Reserve, European Central Bank and others. The Swiss central bank also lost 3.14 billion francs on its gold holdings in the three months to the end of June, as lower prices cut the value of the 1,040 tonnes of the precious metal it holds.  ( 31 min )
    Boeing plans to restart 777X production this year, but regulatory hurdles remain
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    Analysis-Words only go so far: Investors want property fixed before buying China
    For all the excitement whipped up in China's markets by the Politburo last week, foreign investors say policymakers' words will have to be matched by substantive action to clean up an ailing property sector before confidence recovers. The sector accounts for a quarter of China's economy, yet developers' debts are sliding deeper into distressed territory, with repayment problems mounting while sales crumble. When the Politburo signalled that there would be changes to real estate policy, along with other measures to boost an economy, it ignited the biggest one-day buying spree in China's stock markets since 2021.  ( 32 min )
    Analysis-Dwindling excess savings could scupper markets' soft-landing hopes
    The cash piles households built up during the lockdowns and government stimulus of 2020-2021 have long been touted by analysts and central bankers as a reason economies could avoid a deep recession. U.S. excess savings have fallen to around $500 billion from around $2.1 trillion in August 2021, the San Francisco Federal Reserve estimates. In Europe, Deutsche Bank reckons excess savings in Sweden, struggling to contain a property slump, have dwindled.  ( 33 min )
    The S&P 500 Rose 2% in July. The Good Times Should Keep Rolling.
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    Everything China Is Doing to Juice Its Flagging Economy
    (Bloomberg) -- China has made a number of pledges recently to revive the economy’s recovery and improve the business environment as concerns about the growth outlook continue to mount. Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoBurning Ship’s Operator Says Almost 500 EVs Are on BoardAsia’s Richest Families Fuel Race for Lucrative Finance JobsBodegas Put on Notice as Visa Fights Back on Card SurchargesArab States Sour on Israel in Blow to US Aim of Sau  ( 32 min )
    SoFi’s Earnings Are All About Student Loans
    The stock has doubled this year, and the fintech's second-quarter earnings report may indicate whether that wild run was warranted.  ( 26 min )
    Goldman upgrades oil demand outlook as market tempers growth pessimism
    Goldman analysts estimate global oil demand climbed to an all-time high of 102.8 million barrels per day (bpd) in July and see solid demand driving a larger-than-expected 1.8 million bpd deficit in the second half this year and a 0.6 million bpd deficit in 2024. A reduced recession risk and a strong effort by the Organization of the Petroleum Exporting Countries (OPEC) to push up prices support Goldman's view on higher oil prices and an outlook for less volatility, the analysts wrote in a note. Oil prices hovered near three-month highs on Monday, set to post their biggest monthly gains in over a year on expectations that Saudi Arabia would extend voluntary output cuts into September and tighten global supply.  ( 7 min )
    Gold set for monthly gain as end to rate-hike cycle looms
    Gold prices were bound for their biggest monthly gain in four on Monday as expectations grew that major global central banks may be nearing the end of current monetary policy tightening cycles. Spot gold was down 0.2% at $1,954.79 per ounce by 0431 GMT, while U.S. gold futures slipped 0.4% to $1,953.80 per ounce. "Markets feel vindicated with their assessment that Fed rates are at or near their terminal rate, with key inflation reports from the U.S. all pointing towards a faster pace of disinflation," said Matt Simpson, a senior market analyst at City Index.  ( 31 min )
    A Record $90 Billion in Ship Orders Loom Over Boom-Bust Industry
    (Bloomberg) -- The world’s biggest shipping companies are plowing their pandemic windfalls into orders for new vessels on an unprecedented scale, making an industry known for hair-raising cycles of boom and bust more vulnerable in the latest downturn.Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoBurning Ship’s Operator Says Almost 500 EVs Are on BoardAsia’s Richest Families Fuel Race for Lucrative Finance JobsBodegas Put on Notice as Visa Fights Back on  ( 34 min )
    Stock market today: Asia shares gain after Wall St rally as investors pin hopes on China stimulus
    Sentiment also has been boosted by revived hopes for more stimulus from Beijing for the sluggish Chinese economy. Chinese factory activity contracted in July as export orders shrank, a survey showed, adding to pressure on the ruling Communist Party to reverse an economic slowdown.  ( 7 min )
    Before suing Coinbase, SEC asked it to trade only in bitcoin -FT
    The U.S. Securities and Exchange Commission (SEC) had asked Coinbase to stop trading in all cryptocurrencies other than bitcoin prior to suing cryptocurrency platform in June, the Financial Times reported on Monday, citing Chief Executive Brian Armstrong.  ( 6 min )
    Analysis-Oil inventory drops set stage for higher prices
    Oil inventories are beginning to fall in some regions as demand outpaces supply constrained by deep production cuts from OPEC leader Saudi Arabia, providing support for prices which are expected to rise in coming months. JP Morgan analysts said this month that oil inventories - which include crude and fuel products - now play a bigger role in determining oil prices than the U.S. dollar because Western sanctions on Russia have accelerated oil trading in other currencies. Both the International Energy Agency (IEA) and the Organization of the Petroleum Exporting Countries (OPEC) expect oil demand to outpace supply this year, leading to overall inventory draws to the tune of 400,000 to 500,000 barrels per day (bpd), mostly accounted for by the second half of the year.  ( 32 min )
    Walmart Buys Tiger Global’s Flipkart Stake for $1.4 Billion
    (Bloomberg) -- Walmart Inc. paid $1.4 billion to buy Tiger Global Management’s remaining stake in Flipkart, boosting its bet on the Indian retailer and helping the money manager provide distributions to investors at a time when accessing liquidity is tough.Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoBurning Ship’s Operator Says Almost 500 EVs Are on BoardBodegas Put on Notice as Visa Fights Back on Card SurchargesItaly Must Exit China Pact While Avoidi  ( 7 min )
    3 ETFs That Replicate Buffett's Investment Strategy (MOAT, XLF)
    Discover three exchange-traded funds (ETFs) that investors seeking to emulate the investment strategies of Warren Buffett may wish to consider.  ( 19 min )
    Teamsters notified Yellow filing bankruptcy
    The Teamsters union said late Sunday it received a legal notice that Yellow Corp. will be filing bankruptcy. The post Teamsters notified Yellow filing bankruptcy appeared first on FreightWaves.  ( 8 min )
    Chinese Stocks Extend Rally as Optimism Builds Over Stimulus
    (Bloomberg) -- Chinese stocks rose from Monday’s open, extending last week’s gains, on increasing signs Beijing is determined to shore up growth with measures supporting weaker parts of the economy. Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoBurning Ship’s Operator Says Almost 500 EVs Are on BoardBodegas Put on Notice as Visa Fights Back on Card SurchargesItaly Must Exit China Pact While Avoiding Crisis, Minister SaysVanguard’s Economists Aren’t Buyin  ( 30 min )
    Yen snaps three-month losing streak; dollar eyes monthly loss
    The yen edged steadily higher on Monday following a volatile session at the end of last week after the Bank of Japan (BOJ) loosened its grip on interest rates, and was on track to reverse three consecutive months of loss. The U.S. dollar was conversely headed for a monthly loss on the prospect that the Federal Reserve's aggressive rate-hike cycle - a key driver of the dollar's strength - could have concluded with last week's 25-basis-point increase. The yen was last roughly 0.3% higher at 140.77 per dollar, nursing some of its heavy loss from Friday after the BOJ maintained ultra-low rates, though made its bond yield curve control (YCC) policy more flexible and loosened its defence of a long-term rate cap.  ( 8 min )
    Plummeting Production Show Australia's Lithium Refining Challenge
    (Bloomberg) -- Production has plummeted at Australia’s first lithium hydroxide refinery, operated by Tianqi Lithium Corp., extending a run of setbacks in the country’s attempt to move into battery metal refining.Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoBurning Ship’s Operator Says Almost 500 EVs Are on BoardBodegas Put on Notice as Visa Fights Back on Card SurchargesItaly Must Exit China Pact While Avoiding Crisis, Minister SaysVanguard’s Economists  ( 7 min )
    While Everyone Else Fights Inflation, China’s Deflation Fears Deepen
    Signs of deflation are becoming more prevalent across China, heaping extra pressure on Beijing to reignite growth or risk falling into an economic trap it could find hard to escape.  ( 26 min )
    Seeking at Least 9% Dividend Yield? This 5-Star Analyst Suggests 2 Dividend Stocks to Buy
    “What lies ahead for the stock market?” That’s the burning question on the minds of every market and economic expert out there, and it’s undoubtedly a challenging one. Inflation has moderated to a reasonable 3% annually, and the job market is showing signs of strength. Stocks are surging, indicating that investors have factored in the risk of a potential recession. However, this leads to a problem highlighted by B. Riley’s chief investment strategist, Paul Dietrich. He points out that earnings e  ( 10 min )
    Asia shares up as China extends rally; Japanese yields a risk
    Asian shares looked to end the month on a firm note on Monday in a week littered with major economic releases, central bank meetings and earnings updates from mega caps Amazon and Apple, though rising Japanese bond yields were a risk. The early impetus for shares was positive following Friday's U.S. data showing an easing in wage costs and core inflation, which fuelled hopes the Federal Reserve was done tightening. The Bank of England is widely expected to raise rates by at least a quarter point, but markets are more divided on whether the Reserve Bank of Australia will hike or stay on hold.  ( 8 min )
    Oil on track for biggest monthly gains in over a year
    Oil prices hovered near three-month highs on Monday, set to post their biggest monthly gains in over a year on expectations that Saudi Arabia would extend voluntary output cuts into September and tighten global supply. Saudi Arabia is expected to extend a voluntary oil output cut of 1 million barrels per day (bpd) for another month to include September, analysts said. "Oil prices are up 18% since mid-June as record high demand and Saudi supply cuts have brought back deficits, and as the market has abandoned its growth pessimism," Goldman Sachs analysts said in a July 30 note.  ( 7 min )
    Oil on track for biggest monthly gains in over a year
    Oil prices hovered near three-month highs on Monday, set to post their biggest monthly gains in over a year on expectations that Saudi Arabia would extend voluntary output cuts into September and tighten global supply. Saudi Arabia is expected to extend a voluntary oil output cut of 1 million barrels per day (bpd) for another month to include September, analysts said. "Oil prices are up 18% since mid-June as record high demand and Saudi supply cuts have brought back deficits, and as the market has abandoned its growth pessimism," Goldman Sachs analysts said in a July 30 note.  ( 7 min )
    How Smart Money Is Playing The $700 Billion EV Boom
    The EV market has become extremely competitive in 2023, and while some of the smaller players are getting crushed, smart investors are betting on highly profitable niches such as electric boats  ( 18 min )
    Investors Are Happy to Pay Premium for Tech, But Not for AI
    (Bloomberg) -- Investors on Wall Street and beyond are betting that the great tech rally of 2023 has staying power, even as they appear skeptical that the artificial-intelligence era will live up to the hype. Most Read from BloombergStocks Are Doing So Well That It May Be Time to Start WorryingBurning Ship’s Operator Says Almost 500 EVs Are on BoardLots of US Homeowners Want to Move. They Just Have Nowhere to GoBodegas Put on Notice as Visa Fights Back on Card SurchargesStocks Crush ‘Year of Bon  ( 9 min )
    One Big Gold Seller Among Central Banks Has Even More to Offload
    (Bloomberg) -- In a turnaround that’s already taken it from one of the world’s biggest gold buyers to a top seller this year, Kazakhstan’s central bank is looking to cut the metal’s share to as low as half of its $34.5 billion reserves.Most Read from BloombergStocks Are Doing So Well That It May Be Time to Start WorryingBurning Ship’s Operator Says Almost 500 EVs Are on BoardLots of US Homeowners Want to Move. They Just Have Nowhere to GoBodegas Put on Notice as Visa Fights Back on Card Surcharg  ( 33 min )
  • Open

    CD or High-Yield Savings Account: What’s Smarter Right Now?
    Both CDs and high-yield savings accounts are paying record rates right now, with dozens of options that earn 5.00% or more. Find out how to choose what's best for you.  ( 19 min )
    Amazon Says Its Deliveries Were the Fastest Ever in the Second Quarter
    Amazon shares gained after reporting delivery times to its Prime members in the second quarter were the fastest ever.  ( 16 min )
    Top CD Rates Today: New Nationwide Leader Unveiled
    See what today's best CD rates are in every term and how they compare to the previous day's top rates. We track daily CD rates from more than 200 banks and credit unions.  ( 20 min )
    S&P 500 Gains and Losses Today: Oil Industry Stocks Advance as Oil Prices Climb
    The S&P 500 was little changed to start the week on Monday, July 31, 2023, edging 0.2% higher as oil stocks gained on the back of higher oil prices.  ( 18 min )
    How Long Can U.S. Consumers’ Spending Spree Continue?
    U.S. consumers ramped up their spending on material goods during the pandemic and haven’t looked back, and economists are wondering just how long the shopping spree will last.  ( 17 min )
    Biotechnology Definition
    Biotechnology is the scientific study of using living organisms to develop healthcare products and processes. Learn how to invest in biotech companies.  ( 27 min )
    Tupperware Gets A Seat At The Meme Stock Table As Investor Interest Hots Up
    Even as some of the original meme stocks lose momentum, Tupperware is the newest member of the group with shares rising about 450% in just a month.  ( 19 min )
    Dow Jones Today: Index Higher For Second Straight Month
    The Dow closed July with a gain of 3%, moving up 100 points, or 0.28% on the session, as investors watch earnings and prepare for Friday’s job report.  ( 18 min )
    Disney Shares Climb as Two Former Execs Return to Advise on Company Strategy
    Disney shares gained as the entertainment giant reportedly brought back two former execs to advise CEO Bob Iger.  ( 16 min )
    J&J Leads Losses on the Dow After Court Rejects Bankruptcy Plans
    Johnson & Johnson shares dropped after a judge ruled against its plan to resolve talcum powder-related lawsuits.  ( 17 min )
    Homeowners with Mortgages Rates Greater Than 5% More Likely To Sell
    One in five homeowners have mortgage rates greater than 5% and are twice as likely to sell their homes, compared to the vast majority of homeowners with lower rates who feel locked in, a new Zillow survey found.  ( 18 min )
    Cash Flow: What It Is, How It Works, and How to Analyze It
    Cash flow is the net cash and cash equivalents that move in and out of a company's financial statement.  ( 26 min )
    Borrowing Continued To Get Tougher in Second Quarter
    Most banks toughened up their lending standards in the second quarter, and plan to continue to do so in the near future out of concern for the economic outlook, making it harder for businesses and individuals to take out loans.  ( 17 min )
    Businesses Expect Revenue Growth Despite Macroeconomic Conditions, Says Survey
    Despite current challenges in the U.S. economy, approximately 75% of mid-sized business owners plan to expand their businesses over the next 12 months.  ( 17 min )
    Should I Get Life Insurance in My 20s?
    Find out how Americans in their 20s can benefit from a well-thought-out life insurance policy, especially if they are able to build cash value.  ( 26 min )
    Does Netspend Work With PayPal?
    Netspend and PayPal both allow fund transfers and they work in conjunction with each other. Find out more about Netspend prepaid cards and how the process works.  ( 21 min )
    Personal Loan Rates & Trends, Week of July 31: Rates Jump
    Personal loan rates moved up sharply this week to 20.86%, jumping 31 basis points since last week when the average personal loan rate sat at 20.55%.  ( 18 min )
    What Are the Pros and Cons of Life Insurance Loans?
    Find out the pros and cons of borrowing against your life insurance policy to determine if this loan type is the right financial decision for you.  ( 22 min )
    US Crude Inventories Post Steepest Decline Since October 2021
    Crude oil inventories at the Cushing, Oklahoma, hub fell by 2.9 million barrels in the week ended July 14, the steepest drawdown since October 2021.  ( 17 min )
    US Launches Its First Nuclear Reactor Built From Scratch in Decades
    The first nuclear reactor built from scratch in the U.S. in decades has entered operation at a power plant in Georgia, which could present opportunities for the nuclear industry and investors.  ( 18 min )
    Life Insurance Premium Financing: Worth the Risk?
    Life insurance premium financing lets high net worth individuals buy costly insurance without liquidating assets, but there are risks involved.  ( 22 min )
    Capital Gains Tax: What It Is, How It Works, and Current Rates
    A capital gains tax is a levy on the profit that an investor makes from the sale of an investment such as stock shares. Here's how to calculate it.  ( 35 min )
    Understanding Allocational Efficiency and Its Requirements
    Allocational efficiency is the efficient allocation of resources that leads to maximum overall satisfaction in the economy.  ( 19 min )
    Performance Management: Definition, Purpose, Steps & Benefits
    Performance management helps managers monitor and evaluate employees' work and align it with the company's goals.  ( 22 min )
    Subsidiary Company: Definition, Examples, Pros & Cons
    A subsidiary is a company that is more than 50% owned by another company. The owner is usually referred to as the parent company or holding company.  ( 25 min )
    Now That We Know What We Know, What Could Go Wrong?
    After the Fed's latest rate hike, which may not have been its last, we search for points of weakness and areas of continued strength in the markets with Kenny Polcari. "Irrational exuberance" makes a return as a catchphrase. Is 2023 really like 1996?  ( 19 min )
    Cryptocurrency Regulations Around the World
    Cryptocurrencies continue to gain traction with investors around the world. Explore how leading countries are regulating the emerging asset class.  ( 28 min )
    Markets Rise at Midday, on Track for a Monthly Gain on Profits, Lower Inflation
    U.S. equities advanced at midday on Monday, July 31, 2023, heading for a winning month on strong earnings and easing inflation.  ( 16 min )
    Target Rate: What It Is, How It Works, FAQs
    A target rate is a key interest rate that a central bank targets to guide monetary policy.  ( 22 min )
    Congressional Stock Trading Ban Proposed Amid High Public Support
    The bipartisan bill taps into the public’s overwhelming support for banning stock trading among members of Congress and top White House officials.  ( 19 min )
    Mortgage Rates Rise Again, Hit Highest Level in Two-Plus Weeks
    Mortgage rates climbed again, taking the 30-year and other rate averages to their highest levels in more than two weeks, and the jumbo 30-year average to a 14-year high.  ( 20 min )
    How SEC Regs Will Change Cryptocurrency Markets
    The SEC's recent enforcement push seeks to protect cryptocurrency investors.  ( 26 min )
    Walmart Raises Stake in Indian Retailer Flipkart
    The world's largest retailer by revenue, Walmart, doubled down on its India bet by increasing its stake in Flipkart, an Indian e-commerce player.  ( 18 min )
    Onsemi Shares Reach Record High on Demand for Auto and Industrial Chips
    Onsemi beat estimates on profit, sales, and guidance on increased demand for its automotive and industrial chips. Shares hit an all-time high on the news.  ( 16 min )
    Student Loan Borrowers Can Now Join SAVE Plan, With $0 Monthly Payments For Some
    Student loan borrowers facing the resumption of payments on federally-held loans in October can now apply for a new kind of repayment plan that offers lower monthly payments.  ( 18 min )
    SoFi Beats Estimates, Raises Outlook on Loan Volumes and Deposits
    Shares of SoFi Technologies skyrocketed as the online bank posted better-than-expected results on strong loan demand and deposits.  ( 17 min )
    Trucking Company Yellow Filing for Bankruptcy Amid Union Standoff and $1.3B Debt
    Cash-strapped, with $1.3 billion in debt due next year, trucking company Yellow is shuttering operations amid a union standoff.  ( 17 min )
    Prime Rate Definition
    The prime rate is the interest rate that commercial banks charge their most creditworthy customers.  ( 26 min )
    Bond Funds Dominate First-Half 2023 Global Investment Flows
    Bond funds dominated first-half 2023 global investment flows as investors reached for rising yields, while those same higher yields caused jitters that led to outflows in other asset classes.  ( 18 min )
    Federal Funds Rate: What It Is, How It's Determined, and Why It's Important
    The federal funds rate is the target interest rate set by the Fed at which commercial banks borrow and lend their extra reserves to one another overnight.  ( 26 min )
    What Real Gross Domestic Product (Real GDP) Is, How to Calculate It, vs. Nominal
    Real gross domestic product is an inflation-adjusted measure of the value of all goods and services produced in an economy.  ( 29 min )
    5 Things to Know Before Markets Open
    Shares of SoFi Networks surged ahead of its earnings report and trucking company Yellow shut down operations as it prepares for bankruptcy. Here’s what investors need to know today.  ( 17 min )
    Overlay Definition in Portfolio Management, Pros & Cons
    Overlay refers to an asset management style that uses software to harmonize an investor's separately managed accounts, preventing inefficiencies and ensuring strategies are implemented and coordinated correctly.  ( 19 min )
    Modular vs. Manufactured Home Insurance
    Homeowners insurance covers the home, your personal property, and liability claims. Find out if you need a special policy to insure a modular or manufactured home.  ( 23 min )
    Conditional Prepayment Rate (CPR): Definition and Calculation
    A conditional prepayment rate is an estimate of the percentage of a loan pool's principal that is likely to be paid off prematurely.  ( 20 min )
    What Is a Reservation of Rights Letter and How Does It Work?
    A reservation of rights letter is provided to the insured party indicating that a claim may not be covered under the policy.  ( 18 min )
    Looking to Go Short on China? Here's How
    How to take short positions on Chinese stocks using long and short exchange traded funds.  ( 18 min )
    Long-Term Care (LTC) Insurance: Definition, Costs, Alternatives
    Long-term care insurance coverage provides for the care of people over age 65 or with a chronic or disabling condition who need constant care.  ( 22 min )
    Free Cash Flow (FCF): Formula to Calculate and Interpret It
    Free cash flow (FCF) represents the cash a company can generate after accounting for capital expenditures needed to maintain or maximize its asset base.  ( 28 min )
    Collateralized Mortgage Obligation (CMO) vs. Mortgage-Backed Security (MBS): What's the Difference?
    Find out more about collateralized mortgage obligations and mortgage-backed securities and the difference between the two asset-backed securities.  ( 18 min )
    Voodoo Economics: Definition, History, Validation
    Voodoo economics is a popular phrase first used by then-presidential candidate George H.W. Bush to cast doubt on Ronald Reagan's economic policy proposals.  ( 21 min )
    3 ETFs That Replicate Buffett's Investment Strategy (MOAT, XLF)
    Discover three exchange-traded funds (ETFs) that investors seeking to emulate the investment strategies of Warren Buffett may wish to consider.  ( 19 min )
    How the Face Value of a Bond Differs From Its Price
    Discover how bonds are traded as investment securities and understand the various terms used in bond trading, including par value and market price.  ( 22 min )
    Yield to Maturity – YTM vs. Spot Rate. What's the Difference?
    A bond's yield to maturity is the total interest it will earn, while its spot rate is the price it is worth at any given time in the bond markets. Here's why a bond's spot rate fluctuates even though its interest rate is set.  ( 21 min )
    ETC vs. ETF: What's the Difference?
    An exchange traded commodity (ETC) could be colloquially used to refer to a commodity ETF, but an ETC is actually a product name for a specific type of security.  ( 22 min )
    The Difference Between the Sharpe Ratio and the Sortino Ratio
    Understand the differences between the Sharpe ratio and the Sortino ratio, two risk-adjusted returns on investment calculations, and when to use each one.  ( 19 min )
    Does CareCredit cover prescriptions?
    Discover what CareCredit can be used for, where it is accepted and how it differs from traditional credit cards in relation to health care.  ( 19 min )
    Operating Cash Flow vs. Net Operating Income: What’s the Difference?
    Net operating income and operating cash flow are different metrics used in measuring the financial viability of an investment or a company.  ( 18 min )
    Comparing ETF Gross vs. Net Expense Ratios
    If you're going to invest in ETFs, you should know the intricacies of expense ratios.  ( 21 min )
    Forbearance: Meaning, Who Qualifies, Examples and FAQs
    Forbearance is a form of repayment relief involving temporarily postponing loan payments, typically for home mortgages or student loans.  ( 27 min )
    What's the Difference Between the Equity Market and the Stock Market?
    Equity market and stock market are synonymous. They refer to the exchanges on which shares of public companies are bought and sold.  ( 21 min )
    How to Submit a Complaint to the CFPB
    When the employees you interact with at your bank, credit card company, mortgage lender, or other financial institution seem incapable of or unwilling to resolve your complaint, the Consumer Financial Protection Bureau's process may help you get a better result.  ( 21 min )
    Quarterly Income Debt Securities (QUIDS)
    QUIDS are tradable debt securities issued in small denominations with long securities and quarterly coupon payments.  ( 21 min )
    What to Do Before Marrying: Student Debt
    Advice for couples on the best ways to manage their student debt before and after they get married.  ( 24 min )
  • Open

    S&P 500 Gains and Losses Today: Oil Industry Stocks Advance as Oil Prices Climb
    The S&P 500 was little changed to start the week on Monday, July 31, 2023, edging 0.2% higher as oil stocks gained on the back of higher oil prices.  ( 1 min )
    Dow Jones Today: Index Higher For Second Straight Month
    The Dow closed July with a gain of 3%, moving up 100 points, or 0.28% on the session, as investors watch earnings and prepare for Friday’s job report.  ( 1 min )
    US Crude Inventories Post Steepest Decline Since October 2021
    Crude oil inventories at the Cushing, Oklahoma, hub fell by 2.9 million barrels in the week ended July 14, the steepest drawdown since October 2021.  ( 1 min )
    US Launches Its First Nuclear Reactor Built From Scratch in Decades
    The first nuclear reactor built from scratch in the U.S. in decades has entered operation at a power plant in Georgia, which could present opportunities for the nuclear industry and investors.  ( 1 min )
    Markets Rise at Midday, on Track for a Monthly Gain on Profits, Lower Inflation
    U.S. equities advanced at midday on Monday, July 31, 2023, heading for a winning month on strong earnings and easing inflation.  ( 1 min )
    5 Things to Know Before Markets Open
    Shares of SoFi Networks surged ahead of its earnings report and trucking company Yellow shut down operations as it prepares for bankruptcy. Here’s what investors need to know today.  ( 1 min )
  • Open

    Amazon Says Its Deliveries Were the Fastest Ever in the Second Quarter
    Amazon shares gained after reporting delivery times to its Prime members in the second quarter were the fastest ever.  ( 1 min )
    Tupperware Gets A Seat At The Meme Stock Table As Investor Interest Hots Up
    Even as some of the original meme stocks lose momentum, Tupperware is the newest member of the group with shares rising about 450% in just a month.  ( 1 min )
    J&J Leads Losses on the Dow After Court Rejects Bankruptcy Plans
    Johnson & Johnson shares dropped after a judge ruled against its plan to resolve talcum powder-related lawsuits.  ( 1 min )
    Disney Shares Climb as Two Former Execs Return to Advise on Company Strategy
    Disney shares gained as the entertainment giant reportedly brought back two former execs to advise CEO Bob Iger.  ( 1 min )
    Walmart Raises Stake in Indian Retailer Flipkart for $1.4 Billion
    The world's largest retailer by revenue, Walmart, doubled down on its India bet by increasing its stake in Flipkart, an Indian e-commerce player.  ( 1 min )
    Trucking Company Yellow Filing for Bankruptcy Amid Union Standoff and $1.3B Debt
    Cash-strapped, with $1.3 billion in debt due next year, trucking company Yellow is shuttering operations amid a union standoff.  ( 1 min )
  • Open

    Amerikaans bedrijf wil bod doen op fietsenfabrikant VanMoof
    Het Amerikaanse bedrijf Micromobility.com is van plan een bod uit te brengen op de fietsenfabrikant VanMoof. Het Amsterdamse bedrijf werd twee weken geleden failliet verklaard.  ( 3 min )
    Slecht weer zorgt voor drukte bij binnenspeeltuinen en andere indoorattracties
    Het is druk bij binnenspeeltuinen en andere indoorattracties. Door het slechte weer kiezen meer mensen voor een activiteit waarbij zij niet nat worden.  ( 3 min )
    Slecht weer zorgt voor drukte bij indoorattracties
    Het is druk bij binnenspeeltuinen en andere indoorattracties. Door het slechte weer kiezen meer mensen voor een activiteit waarbij zij niet nat worden.  ( 3 min )
    Modehuis Pierre Cardin overtrad regels en dreigt boete te krijgen
    Pierre Cardin dreigt een forse boete te krijgen. Volgens de Europese Commissie heeft het Franse modehuis concurrentieregels geschonden door het merk alleen te verkopen aan specifieke EU-landen en klanten.  ( 3 min )
    Klant kiest vaker voor huismerk en prijsvechters nu boodschappen duur blijven
    De prijzen van onze boodschappen blijven ook de komende maanden op een hoog niveau. Consumenten gaan daardoor steeds creatiever inkopen doen. Ze kiezen vaker voor huismerken en kopen hun producten bij discounters of andere prijsvechters.  ( 5 min )
    Voedselprijzen houden inflatie hoog in eurolanden
    Voeding, producten en diensten in eurolanden zijn in juli gemiddeld 5,3 procent duurder dan een jaar eerder. Daarmee is het inflatiecijfer iets gezakt, maar blijft het nog op grote afstand van de gewenste 2 procent.  ( 4 min )
    Facebook moet data delen van anoniem profiel dat Nederlander verdacht maakt
    Facebook-eigenaar Meta moet gegevens van een anonieme Facebook-gebruiker overhandigen aan een man die door deze persoon beschuldigd is van grensoverschrijdend gedrag. Dat oordeelde de rechtbank Den Haag in een kort geding dat de man tegen Meta aanspande.  ( 4 min )
    Economie in landen met de euro groeit weer
    De economie van de eurozone is in de maanden april, mei en juni gegroeid. Volgens het Europese statistiekbureau Eurostat groeide de economie 0,3 procent ten opzichte van een kwartaal eerder.  ( 3 min )
    NASA verliest contact met ruimtesonde Voyager 2 door foutje met de antenne
    Door een verkeerde afstelling heeft NASA geen contact meer met zijn ruim 45 jaar oude Voyager 2. Vanwege een foutje wijst de antenne van de ruimtesonde niet langer naar de aarde en komen gegevens niet aan.  ( 4 min )
    Volkswagen moet ook schade vergoeden bij tweedehandsje met sjoemelsoftware
    Volkswagen moet een schadevergoeding van 1.500 euro betalen aan een eigenaar van een tweedehands auto met sjoemelsoftware, oordeelde de rechter maandag. Het is voor het eerst dat het bedrijf moet betalen voor een tweedehands model.  ( 4 min )
    NU+ | Natuur, mens en landbouw samen: in Engeland lukt dat wel
    Heggen, eeuwenoude bomen, velden vol orchideeën en overal wandelpaden langs graanakkers en schapenweiden. In het natuurrijke landschap van Engeland wonen 434 inwoners per vierkante kilometer. Dat zijn er meer dan in Nederland. Kunnen we daar iets van leren?  ( 5 min )
    Britten verlenen meer dan honderd nieuwe olie- en gasvergunningen
    Het Verenigd Koninkrijk verleent meer dan honderd nieuwe olie- en gasvergunningen aan bedrijven voor de winning van brandstoffen in de Noordzee. De Britse regering wil op die manier energieonafhankelijker worden.  ( 2 min )
    Energie wordt opnieuw goedkoper, maar de boodschappen nog niet
    De inflatie komt deze maand uit op 4,6 procent. De prijzen stijgen gemiddeld minder hard dan in de maanden hiervoor, al is dat aan de kassa niet te merken.  ( 5 min )
    Heineken maakte minder winst ondanks duurdere biertjes
    Heineken heeft in de eerste helft van 2023 minder bier verkocht. Het bedrijf verhoogde de prijzen, maar kon daarmee een lagere winst niet voorkomen.  ( 3 min )
    Supermarkten draaien fors meer omzet terwijl we iets minder kopen
    De omzet van supermarkten was in juni 12 procent hoger dan een jaar eerder. Ze verkochten iets minder producten, maar door de prijsstijgingen kwam er toch meer geld binnen.  ( 3 min )
    Inflatie zwakt deze maand af, maar goedkopere boodschappen nog niet in zicht
    De inflatie komt deze maand uit op 4,6 procent. De prijzen stijgen gemiddeld minder hard dan in de maanden hiervoor, al is dat aan de kassa niet te merken.  ( 4 min )
    Bedrijven produceren minder en ze gaan vaker failliet: komt er een recessie?
    Diverse seinen voor de economie stonden de afgelopen tijd op rood. Het aantal faillissementen stijgt, bedrijven durven nauwelijks nog te lenen en ze maken steeds minder. Moeten we ons zorgen maken?  ( 4 min )

  • Open

    What Are Water Rights and How Do They Work?
    Water rights pertain to the legal rights of property owners to access and use bodies of water adjacent to lands they hold.  ( 19 min )
    Student Loan Debt: 2022 Statistics and Outlook
    Student loan debt reached $1.77 trillion in 2023 and the Supreme Court has taken steps to prevent it from being eliminated. Here's who owes what and why.  ( 26 min )
    Getting a Mortgage in Your 50s
    The financial considerations are different when you take out a mortgage in your 50s. Here's what you need to review as you calculate the pros and cons.  ( 24 min )
    Stellar Cryptocurrency Definition, History & Future
    Stellar, which shares similarities with Ripple, is a low-cost, open-source, distributed ledger platform.  ( 21 min )
    Dodd-Frank Act: What It Does, Major Components, Criticisms
    The Dodd-Frank Wall Street Reform and Consumer Protection Act is a series of federal regulations passed to prevent future financial crises.  ( 29 min )
    Can’t Pay Your Bills? Now What?
    Falling behind on bills can lead to financial headaches. Learn what options you may have if you’re unable to keep up with monthly bill payments.  ( 26 min )
    Air Cargo Insurance: What it Means, How it Works
    Air cargo insurance protects a buyer or seller of goods being transported through the air from damage, loss, and, in some cases, even shipment delays.  ( 22 min )
    What Is a War Exclusion Clause in an Insurance Contract?
    A war exclusion clause in an insurance policy excludes coverage for acts of war, such as invasions, revolutions, military coups, and terrorism.  ( 19 min )
    Pell Grant: What It Is, How It Works, and How to Get One
    A Pell Grant is a non-repayable federal subsidy awarded to students for post-secondary education, based on financial need.  ( 27 min )
    Which Companies Had the Most Student Loan Complaints in 2021?
    These companies had the most complaints about student loans reported to the Consumer Finance Protection Bureau. See which lender had the worst record.  ( 27 min )
    What Is XRP?
    XRP is the native cryptocurrency of XRP Ledger, an open-source, public blockchain.  ( 24 min )
    Can a 529 Plan Be Applied to a Student Loan?
    Read on to find out how 529 plans are eligible for use as a way to pay off a portion of your student loans.  ( 25 min )
    What Is the International Monetary Fund (IMF)?
    The International Monetary Fund (IMF) is an international organization that promotes global financial stability, encourages international trade, and reduces poverty.  ( 25 min )
    The Hierarchy of an Investment Bank
    Learn about the hierarchy of an investment bank, from the entry-level analyst to the power-wielding managing director, including salary information.  ( 25 min )
    What Are Centralized Cryptocurrency Exchanges?
    Most cryptocurrencies like bitcoin, XRP, and ether are traded via centralized exchanges. Here's how.  ( 22 min )
    How to Sell a Car
    If you have a car you no longer need and don't plan to trade it in, you may want to sell it yourself. But make sure you know your state's laws.  ( 20 min )
    Subsidized vs. Unsubsidized Student Loans: Which Is Best?
    Federal student loans can be subsidized or unsubsidized. Both types have to be paid back with interest, but the government makes some interest payments on subsidized loans.  ( 28 min )
    Self-Driving Cars Could Change the Auto Industry (GM, F)
    Driverless cars have piqued human interest for centuries. A true driverless car, however, has remained elusive until recently.  ( 25 min )
    What Is Student Loan Forgiveness?
    Student loan forgiveness is a release from having to repay the borrowed sum, in full or in part. It's currently limited to borrowers in certain public service fields.  ( 31 min )
    Difference In Conditions (DIC) Insurance: Definition and Examples
    Difference in conditions insurance provides expanded coverage for some perils that are not covered by standard insurance policies.  ( 18 min )
    Investing vs. Trading: What's the Difference?
    Investing refers to long-term buy-and-hold strategies that earn returns as the investment grows. Trading refers to the buying and selling of securities seeking short-term profit.  ( 24 min )
    5 Life Insurance Mistakes That You Should Avoid
    There are many reasons why it's important to have the right amount of life insurance. Don't let these simple errors leave you unprotected.  ( 26 min )
    Term vs. Universal Life Insurance: What's the Difference?
    Term life insurance and universal life insurance have different term lengths and costs to consider. Universal also has a cash value component, which term life does not.  ( 21 min )
    Ripple Definition
    Ripple is a blockchain-based digital payment network and protocol with its own cryptocurrency called XRP.  ( 23 min )
    Reproduction Cost: Meaning, Methods of Calculation
    Reproduction cost refers to the costs involved with reproducing an asset or property with same specifications as insured property based on current prices.  ( 18 min )
    Cedent: Overview and Examples in Insurance
    A cedent is a party in an insurance contract who passes the financial obligation for certain potential losses to the insurer.  ( 19 min )
    Inverse Head and Shoulders: What the Pattern Means in Trading
    An inverse head and shoulders, also called a head and shoulders bottom, is inverted with the head and shoulders top used to predict reversals in downtrends.  ( 22 min )
    Booming Demand Boosts Forecasts for Weight-Loss Drugs
    Morgan Stanley raised is global market forecast for weight-loss drugs sales by 43% to $77 billion annually by 2030—or almost $10 a year for every person on Earth.  ( 18 min )
    Kim Kardashian’s Skims Is Now Worth $4 Billion—Here’s Kim K’s Net Worth
    Kim Kardashian's Skims is now worth $4 billion. Kardashian owns a 35% stake in the shapewear brand, making up most of the reality star's $1.7 billion net worth.  ( 21 min )
    How Proof of Insurance Works and Why You Need It
    Most states require drivers to carry a certain amount of auto insurance and to be able to prove it if they’re pulled over by police or in an accident.  ( 20 min )
    Cost-Sharing Reductions (CSRs) Definition
    Cost-sharing reductions are a type of federal subsidy distributed as discounts that help reduce out-of-pocket costs for health care expenses.  ( 21 min )
    First-Time Homebuyer: Definition and Assistance Programs
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    How To Buy SafeMoon Crypto
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  • Open

    Tesla's range-flation problem, Waymo reverses on self-driving trucks and Ford tweaks its EV playbook
    One other note, you can find me on TechCrunch's Equity podcast, a place where I will show up on a semi-regular basis, including this episode that came out Friday! The announcement runs contrary to what newly appointed CEO David Risher has told reporter Rebecca Bellan in past interviews. Risher, who is known as a big supporter of ebikes, did say the company planned to focus on its core ride-hailing business and become profitable, but it didn't seem like the two-wheeled share service was on the chopping block.  ( 10 min )
    Walmart Buys Tiger Global’s Flipkart Stake for $1.4 Billion: WSJ
    (Bloomberg) -- Walmart Inc. paid $1.4 billion to buy Tiger Global’s stake in Flipkart, the Wall Street Journal reported, citing a letter by the New York hedge fund to investors.Most Read from BloombergStocks Are Doing So Well That It May Be Time to Start WorryingBurning Ship’s Operator Says Almost 500 EVs Are on BoardLots of US Homeowners Want to Move. They Just Have Nowhere to GoBodegas Put on Notice as Visa Fights Back on Card SurchargesStocks Crush ‘Year of Bond’ in Biggest Sentiment Shift Si  ( 31 min )
    Walmart Buys Tiger Global’s Flipkart Stake for $1.4 Billion: WSJ
    (Bloomberg) -- Walmart Inc. paid $1.4 billion to buy Tiger Global’s stake in Flipkart, the Wall Street Journal reported, citing a letter by the New York hedge fund to investors.Most Read from BloombergStocks Are Doing So Well That It May Be Time to Start WorryingBurning Ship’s Operator Says Almost 500 EVs Are on BoardLots of US Homeowners Want to Move. They Just Have Nowhere to GoBodegas Put on Notice as Visa Fights Back on Card SurchargesStocks Crush ‘Year of Bond’ in Biggest Sentiment Shift Si  ( 7 min )
    Walmart buys out $1.4 billion Tiger Global stake in India's Flipkart - WSJ
    Walmart has paid $1.4 billion to buy out a large investor in Flipkart, further cementing its control of the Indian e-commerce giant, the Wall Street Journal reported on Sunday.  ( 30 min )
    Analysis-Commercial real estate investors, banks buckle up for perfect property storm
    Commercial real estate investors and lenders are slowly confronting an ugly question - if people never again shop in malls or work in offices the way they did before the pandemic, how safe are the fortunes they piled into bricks and mortar? Rising interest rates, stubborn inflation and squally economic conditions are familiar foes to seasoned commercial property buyers, who typically ride out storms waiting for rental demand to rally and the cost of borrowing to fall. With remote working now routine for many office-based firms and consumers habitually shopping online, cities like London, Los Angeles and New York are bloated with buildings local populations no longer want or need.  ( 32 min )
    Stocks Poised to Open Higher
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    Bitcoin Dips Below $29.2K After Curve Exploit but Continues Its Range-Bound Ways; ETH, SOL, MATIC Sink
    BTC hovered comfortably over $29,300 for much of the weekend but dropped in the hours after Curve Finance tweeted that it had suffered an exploit.  ( 31 min )
    Trucking company Yellow has shut operations, to file for bankruptcy: Teamsters
    Cash-strapped U.S. trucking company Yellow Corp has ceased operations and is filing for bankruptcy after failing to reorganize and refinance over a billion dollars in debt, the Teamsters Union said on Sunday. Yellow, formerly called YRC Worldwide, did not immediately respond to a Reuters request for comment. Earlier this month Yellow averted a threatened strike by 22,000 Teamsters-represented workers and last week it said it was exploring opportunities to divest its third-party logistics company.  ( 6 min )
    Chinese Firms Are Seeking Korean Partners to Skirt US EV Rules
    (Bloomberg) -- Chinese firms are lining up to invest in South Korea’s battery industry because they want to use it as a gateway to the US market, undermining the Biden administration’s efforts to limit China’s involvement in the electric car supply chain. Most Read from BloombergStocks Are Doing So Well That It May Be Time to Start WorryingBurning Ship’s Operator Says Almost 500 EVs Are on BoardBodegas Put on Notice as Visa Fights Back on Card SurchargesStocks Crush ‘Year of Bond’ in Biggest Sen  ( 8 min )
    Yellow ceases operations
    Less-than-truckload carrier Yellow Corp. closed its gates at 12 p.m. Sunday. The post Yellow ceases operations appeared first on FreightWaves.  ( 30 min )
    Self-Driving Cars Could Change the Auto Industry (GM, F)
    Driverless cars have piqued human interest for centuries. A true driverless car, however, has remained elusive until recently.  ( 25 min )
    Believe it or not, consumer sentiment is improving
    In recent months, we’ve been watching excess savings shrink, consumer debt levels begin to normalize and job growth cool. These are developments that might not lead you to assume that consumer sentiment would be improving. But it is.  ( 13 min )
    Peter Thiel paid staff an extra $1,000 a month if they lived close to the office so they were more likely to work late, book says
    Michael Gibson, who worked for Thiel for five years, made the claim in his book "Paper Belt on Fire: The Fight for Progress in an Age of Ashes."  ( 7 min )
    The great Rolex recession is here: How the Fed crushed the luxury watch boom
    No content preview
    MI5 investigated attempted Chinese takeover of British satellite company
    MI5 investigated an attempted Chinese takeover of the British satellite company OneWeb before Boris Johnson’s government rescued the company with £400m in taxpayer money, documents have revealed.  ( 32 min )
    Potential climate disaster could hit the stock market, economist warns — Here are 2 stocks that fight for a greener future
    Stock markets have long moved to their own drummer, responding to forces that are sometimes quite different than what we expect. For investors, the key to success is to figure out just what force – or combination of forces – is going to impact the markets next. In a recent report from the UK-based Chatham House think tank, economy and finance program director Creon Butler points to climate change as the next market game-changer. In fact, Butler sees climate issues causing a sharp market correcti  ( 10 min )
    Apple, Amazon earnings, July jobs report: What to know this week
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    How do I Split an Inherited IRA with My Sibling?
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    Rich Californians May Lose Access to This Profitable Tax Loophole
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    Buy, Borrow, Die: This is How the Rich Avoid Taxes
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    Can I Retire at 65 with $2 Million?
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    40% of Workers Forced Into Early Retirement: How to Stay Ahead of the Curve
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    Student loans: New loan servicers may complicate payment restart for borrowers
    Around 44% of federal student loan borrowers who begin repayment in October have a new loan service provider.  ( 10 min )
    Stocks Are Doing So Well That It May Be Time to Start Worrying
    (Bloomberg) -- US stock market traders are almost completely fearless now, which has some strategists bracing for a possible selloff. Most Read from BloombergBurning Ship’s Operator Says Almost 500 EVs Are on BoardBodegas Put on Notice as Visa Fights Back on Card SurchargesStocks Crush ‘Year of Bond’ in Biggest Sentiment Shift Since ‘99The Pizza That’s Taking Over the USSpaceX Falcon Heavy Rocket Deploys Massive SatelliteThe S&P 500 Index has gained 19% this year, pushing investors off the sidel  ( 33 min )
    Wall Street to Procter & Gamble, Colgate-Palmolive: Start Moving Units
    Investors are no longer happy with big price increases paired with volume declines.  ( 25 min )
    As Generative AI Reshapes the Workforce, These Companies May Be Most Affected
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    The Mining World Turns to Saudi Cash for Critical Metal Supply
    (Bloomberg) -- A $2.6 billion deal announced last week has set the stage for a potentially landmark shift in the metal and mining investment landscape: the arrival of Saudi Arabia as a pivotal player. Most Read from BloombergBurning Ship’s Operator Says Almost 500 EVs Are on BoardBodegas Put on Notice as Visa Fights Back on Card SurchargesStocks Crush ‘Year of Bond’ in Biggest Sentiment Shift Since ‘99The Pizza That’s Taking Over the USSpaceX Falcon Heavy Rocket Deploys Massive SatelliteThe agre  ( 34 min )
    Apple, Amazon, Starbucks to Report in Packed Earnings Week
    Earnings reports also from Uber Technologies, Pfizer and Kraft Heinz are expected to shed light on how consumer spending is holding up amid rising interest rates and easing inflation.  ( 25 min )
    Home Insurers Are Charging More and Insuring Less
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    Everyday Investors Are Thriving in a World Awash in Yield
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    TipRanks ‘Perfect 10’ List: These 2 Tech Titans Could Reach New Highs
    AI, artificial intelligence, has come into its own in recent years. Machine learning technology has found its way into a wide range of day-to-day activities, from internet searching to marketing and advertising to just driving down the highway. Artificial intelligence promises to change the way that we interact with the world and with computers, and the launch of ‘generative AI,’ embodied in real-language chatbots like ChatGPT, shows just how close that promise is. The emergence of any new techn  ( 35 min )
    Britain tests ‘the kindness of strangers’ as gilts lose their lustre
    It was a dire warning. Chancellor Kwasi Kwarteng was told in no uncertain terms last September that his financial war chest was evaporating.  ( 33 min )
    Saudi Arabia's Ma'aden to acquire 10% of Brazil base metals firm - statement
    Saudi Arabian Mining Company, known as Ma'aden, has agreed to acquire a 10% stake in Brazil's base metals company Vale, it said in a bourse statement on Sunday, as part of a strategy to invest in global mining assets. Ma'aden, through Manara, its joint venture established with the Public Investment Fund, on Thursday signed a binding agreement to acquire the 10% stake in Vale Base Metals, based on an enterprise value of $26 billion. "Manara’s investment into Vale will play a key role in helping it expand the production of copper and nickel across its asset portfolio, which are critical to the development of new technologies that will benefit the global energy transition," the company statement said.  ( 30 min )
    Tesla's India moves - and dashboard manipulation allegations: This week in EVs
    Investing.com -- Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: Tesla is knocking on India’s door; Stellantis and rivals come together to challenge Tesla's charging-standard dominance; and an electrifying alliance between Volkswagen and Xpeng.  ( 8 min )
    China-Founded Rivals Ramp Up War for American Shoppers
    Online sellers Shein and Temu are fighting in U.S. courts, alleging dirty tricks as they duel for workers and suppliers back in China.  ( 25 min )
  • Open

    NU+ | 'Brug van zonnepanelen' laat veel meer daken energie opwekken
    In de serie Koplopers bezoekt NU.nl deze zomer duurzame projecten die ons een kijkje in de toekomst van energie, voedsel en bouw geven. Deze week: een montagesysteem dat het mogelijk maakt om zonnepanelen op veel meer daken te krijgen.  ( 5 min )
    NU+ | Koplopers: 'Brug van zonnepanelen' laat veel meer daken energie opwekken
    In de serie Koplopers bezoekt NU.nl deze zomer duurzame projecten die ons een kijkje in de toekomst van energie, voedsel en bouw geven. Deze week: een montagesysteem dat het mogelijk maakt om zonnepanelen op veel meer daken te krijgen.  ( 5 min )
    Israël investeert miljarden in uitbreiding spoornetwerk
    Israël gaat 24,5 miljard euro investeren in uitbreiding van het spoornetwerk. Dat maakte de Israëlische premier Benjamin Netanyahu zondag bekend.  ( 3 min )
    NU+ | Let op je pinpas en creditcard op vakantie: zo betaal je niet te veel
    Pinnen in vreemde valuta, geld opnemen met je creditcard of een gang naar het wisselkantoor kunnen meer geld kosten dan nodig. Tenzij je goed oplet. Pin dus niet direct naast het Louvre en let op waarvoor je je creditcard gebruikt.  ( 4 min )
    Frankrijk wil betere toegang tot Chinese markt
    Frankrijk wil een betere toegang tot de Chinese markt en ook een "evenwichtigere" handelsrelatie met het land. Dat heeft de Franse minister van Financiën Bruno Le Maire gezegd na gesprekken met hoge Chinese functionarissen, onder wie vicepremier He Lifeng.  ( 4 min )
    Oekraïne denkt genoeg energie te hebben om huizen te verwarmen in winter
    Oekraïne heeft komende winter voldoende energie om woningen te verwarmen en de lichten te laten branden, ondanks de zware Russische aanvallen op belangrijke energie-infrastructuur in het land. Dat heeft de Oekraïense energieminister German Galjoesjenko gezegd in een interview.  ( 3 min )
    Bruiloft in kleine kring maakt opmars: 'oom Jan en tante Truus' niet langer welkom
    Bruiloften met tweehonderd gasten zijn niet langer de norm, zien weddingplanners. Bruidsparen kiezen er steeds vaker voor om verre familieleden en kennissen thuis te laten. Geld is niet het voornaamste motief.  ( 4 min )
  • Open

    Booming Demand Boosts Forecasts for Weight-Loss Drugs
    Morgan Stanley raised is global market forecast for weight-loss drugs sales by 43% to $77 billion annually by 2030—or almost $10 a year for every person on Earth.  ( 1 min )

  • Open

    Tupperware might just be the latest meme stock after its shares tripled in a week
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    Cryptocurrency Futures Defined and How They Work on Exchanges
    Cryptocurrency futures are futures contracts that allow investors to place bets on a cryptocurrency's future price without owning the cryptocurrency.  ( 25 min )
    Bitcoin vs. Ripple Labs: What's the Difference?
    Here are the key differences between Bitcoin and Ripple's XRP, both popular decentralized cryptocurrency systems.  ( 23 min )
    Twitter rebrands to 'X,' hackers infect Call of Duty, and foreign visitors to China go cashless
    Hey, friends, welcome to Week in Review (WiR), TechCrunch’s roundup of the week in tech news. This week, WiR covers the improving quality of AI porn generators and the ethical dilemmas they raise; Twitter rebranding to "X"; and hackers infecting Call of Duty with self-spreading malware. Elsewhere, we dive into a North Korean hacking group, foreign Chinese visitors' newfound ability to go cashless, and the rollout of Sam Altman's Worldcoin eyeball-scanning crypto project.  ( 9 min )
    US Economy Set to Show Resilience With Jobs Data
    (Bloomberg) -- Hiring in the US probably increased at a healthy yet more moderate clip this month, representing a vote of confidence about the demand outlook after a solid first half of the year.Most Read from BloombergBurning Ship’s Operator Says Almost 500 EVs Are on BoardBodegas Put on Notice as Visa Fights Back on Card SurchargesStocks Crush ‘Year of Bond’ in Biggest Sentiment Shift Since ‘99The Pizza That’s Taking Over the USSpaceX Falcon Heavy Rocket Deploys Massive SatelliteThe closely wa  ( 34 min )
    New Risks Shadow Bond Market as Fed’s Rate-Hike Cycle Nears End
    (Bloomberg) -- Bets on a bond-market rally aren’t in the clear just yet.Most Read from BloombergBodegas Put on Notice as Visa Fights Back on Card SurchargesThe Pizza That’s Taking Over the USBurning Ship’s Operator Says Almost 500 EVs Are on BoardSpaceX Falcon Heavy Rocket Deploys Massive SatelliteStocks Crush ‘Year of Bond’ in Biggest Sentiment Shift Since ‘99Federal Reserve Chair Jerome Powell on Wednesday appeared to give traders the positive signal they’ve been waiting for — that the central  ( 33 min )
    Banking turmoil arrives in small-town USA with Heartland Tri-State failure
    A four-branch bank in southwestern Kansas became the fourth bank to be seized by regulators so far this year and the fifth to fold.  ( 7 min )
    The Fall of a Trucking Giant: Why Yellow Is on the Verge of Collapse
    One of the oldest and biggest U.S. trucking businesses has been wrecked by a string of mergers that left it saddled with debt and has been stalled by a standoff with the Teamsters union.  ( 27 min )
    Wall Street Braces for the Great Loan Tightening: Credit Weekly
    (Bloomberg) -- The great credit tightening is finally approaching on both sides of the Atlantic, if the latest surveys of bankers are anything to go by. Most Read from BloombergThe Pizza That’s Taking Over the USSpaceX Falcon Heavy Rocket Deploys Massive SatelliteChina’s Push to Expand BRICS Membership FaltersBodegas Put on Notice as Visa Fights Back on Card SurchargesTraders Are Risking It All on Bets That Market Boom Will LastAfter delivering a fresh interest-rate hike Wednesday, Federal Reser  ( 33 min )
    The Dow's latest winning streak is bad news for stocks - and a recession might be underway, top economist David Rosenberg says
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    GE stock surge shows it's possible to turn around a legacy company
    GE's stock is hitting 52-week highs, as it advances in its multi-year turnaround plan.  ( 10 min )
    Exodus from Canary Wharf leaves it at its emptiest for 18 years
    Canary Wharf is at its emptiest since 2005, according to new analysis, compounding fears over the future of the financial district as big names continue to abandon their offices.  ( 31 min )
    Amazon and Microsoft claim investment in UK at risk over anti-monopoly moves
    Amazon and Microsoft have warned that their investment in Britain is threatened by moves to loosen their stranglehold on the £15bn cloud computing market, in the latest escalation of tensions between regulators and Big Tech.  ( 8 min )
    Stocks Crush ‘Year of Bond’ in Biggest Sentiment Shift Since ‘99
    (Bloomberg) -- All the chatter back in December was that 2023 was to be the “year of the bond.” And for a brief moment or two in the winter, that call — and the economic doom-and-gloom that underpinned it — looked right.Most Read from BloombergBodegas Put on Notice as Visa Fights Back on Card SurchargesThe Pizza That’s Taking Over the USBurning Ship’s Operator Says Almost 500 EVs Are on BoardSpaceX Falcon Heavy Rocket Deploys Massive SatelliteChina’s Push to Expand BRICS Membership FaltersIt is  ( 32 min )
    AI Stock Marvell And Eli Lilly Lead 5 Names Near Buy Points As S&P 500 Rallies On
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    Bodegas Put on Notice as Visa Fights Back on Card Surcharges
    (Bloomberg) -- The world’s largest payment network is making changes to how it deals with merchants who want to charge customers extra when paying with a credit card.Most Read from BloombergThe Pizza That’s Taking Over the USLargest US Grid Declares Emergency Alert For July 27China’s Push to Expand BRICS Membership FaltersTraders Are Risking It All on Bets That Market Boom Will LastSpaceX Falcon Heavy Rocket Deploys Massive SatelliteIn recent months, Visa Inc. lowered the maximum amount retailer  ( 9 min )
    How to Use Tax Lots to Pay Less Tax
    This method of identifying the cost basis of the stocks you buy and sell can help you pay less in capital gains taxes.  ( 23 min )
    S&P 500 Profits Get a Lift From the Crack in King Dollar’s Reign
    (Bloomberg) -- With the Federal Reserve nearing the end of its most disruptive monetary-tightening campaign in a generation, a softening US dollar is poised to boost profit growth for nearly half of the companies in the S&P 500 Index over the next year. Most Read from BloombergBurning Ship’s Operator Says Almost 500 EVs Are on BoardBodegas Put on Notice as Visa Fights Back on Card SurchargesThe Pizza That’s Taking Over the USStocks Crush ‘Year of Bond’ in Biggest Sentiment Shift Since ‘99SpaceX  ( 33 min )
    BlackRock Clashes With Hedge-Fund Giant Over Control of Funds
    Boaz Weinstein’s Saba Capital has been buying up shares in three closed-end funds.  ( 25 min )
    Semiconductor Industry Finding Too Few Workers to Boost U.S. Manufacturing
    A new study shows more than half of the 115,000 new semiconductor manufacturing jobs created this decade could go unfilled.  ( 19 min )
    $3 Million Will Last You This Long if You Retire at 65
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    How You Could Boost Your 401(k) By 8% Right Now
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    Almost a Quarter of Americans Bomb This Financial Quiz. Can You Do Better?
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    What Will Happen to My 401(k) If I Die Without a Beneficiary?
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    How Much Money Can I Gift Without Owing Taxes?
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    Ready or not: Generation X faces bleak retirement horizon
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    Many people dream of owning a chunk of land and putting their dream house on it. Maybe you fantasize about pulling out all the stops and designing a home with every feature you've ever wanted. Well, to make that dream, … Continue reading → The post How to Buy Land and Build Your Dream House appeared first on SmartAsset Blog.  ( 33 min )
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    BlackRock, Worldcoin, Ripple: Bitcoin Bull Mike Novogratz Dishes on Crypto
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    Maker of Iconic Martin Guitars Competes With Fulfillment Centers for Workers
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    Earnings Beat of the Week: Mattel Reports Surprise Profit Amid Barbie Box Office Hit
    Toy company Mattel, the maker of Barbie dolls, reported a surprise profit in the second quarter, as the success and promotional impact of the box office hit Barbie offset lower toy sales.  ( 19 min )
    UPS Workers' Strike Could Spell $7.1 Billion Disaster For US Economy — Consumers Can Expect Supply Chain Delays And Higher Shipping Costs
    The U.S. is on the verge of facing significant challenges as negotiations between UPS workers and the parcel courier's management remain unresolved. If an agreement isn't reached, approximately 340,000 employees could go on strike next month, resulting in widespread consequences for the nation. The last UPS strike in 1997 had far-reaching effects. With the company's operations slowing to a near standstill, other shipping carriers like FedEx Corp. and the U.S. Postal Service struggled to manage t  ( 31 min )
    How Bond Funds Have Fared During the Fed’s Rate Hikes
    Passive bond funds have beaten active managers since the U.S. central bank started tightening interest rates.  ( 25 min )
    ServiceNow Goes for AI Bonus Round
    The cloud software provider has kept sales growth strong, setting up a big AI upsell.  ( 25 min )
    Banks are still losing deposits. Just not the banks you might expect.
    The banks with sizable deposit declines in the second quarter were some of the biggest lenders in the industry.  ( 10 min )
    Is Meta Stock Still A Buy After Facebook Parent Surges On Earnings, Outlook?
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    Twitter Is Now 'X': How Other Rebrands Have Succeeded
    Some companies thrived after changing their name, but other's quickly made a U-turn when the response went sour. Questions remain if Twitter's renaming to X will succeed.  ( 20 min )
    Elon Musk’s Latest Mission: Rev Up the Electricity Industry
    “My biggest concern is that there’s insufficient urgency,” the billionaire tells energy executives.  ( 26 min )
    Europe Faces ‘Difficult Decade’ Against US, China, Port CEO Says
    (Bloomberg) -- Europe’s car and chemical makers are at risk of losing competitiveness to China and the US as both industries face persistently high energy costs during the transition to cleaner fuels, according to the head of one of the continent’s leading ports.Most Read from BloombergLargest US Grid Declares Emergency Alert For July 27The Pizza That’s Taking Over the USChina’s Push to Expand BRICS Membership FaltersClear Led a Flyer Carrying Ammo Under a False Name to TSA, Sparking ProbeSubway  ( 6 min )
    Exxon and Chevron Signal They Are Still Shopping for Deals
    Though earnings dipped last quarter, oil giants together added $14 billion in profits to their cash piles and are hunting for potential acquisitions.  ( 26 min )
    Gas prices in the US just spiked to their highest mark since November
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    Billionaire Mark Mobius says he's so bullish on emerging markets that all his money is outside the US
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    How Russia's war has reshaped Ukraine's economy
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    With Hurricane Season Looming, Florida Faces an Insurance Meltdown
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  • Open

    Cryptocurrency Futures Defined and How They Work on Exchanges
    Cryptocurrency futures are futures contracts that allow investors to place bets on a cryptocurrency's future price without owning the cryptocurrency.  ( 25 min )
    What Is an Act of God? With Examples, Insurance Coverage
    An act of God is a phrase used to describe an event outside of human control, such as a natural disaster.  ( 21 min )
    Who Are the Key Players in the Bond Market?
    The bond market can be broken down into three main groups: issuers, underwriters, and purchasers. Learn what each set of players is responsible for.  ( 22 min )
    Bitcoin vs. Ripple Labs: What's the Difference?
    Here are the key differences between Bitcoin and Ripple's XRP, both popular decentralized cryptocurrency systems.  ( 23 min )
    What Is a Cost-of-Living Adjustment (COLA), and How Does It Work?
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    What causes dividends per share to increase?
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    Earnings Beat of the Week: Mattel Reports Surprise Profit Amid Barbie Box Office Hit
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    Twitter Is Now 'X': How Other Rebrands Have Succeeded
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  • Open

    The extreme bubble in stocks 'will end in tears' with the S&P 500 plunging 64%, a long-time bear who called the 2000, 2008 crashes has warned. Here are his 6 best quotes.
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    Judge refuses to dismiss lawsuit against Disney’s efforts to neutralize governing district takeover
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    Container shipping giant CMA CGM still earning over billion a quarter
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    Top CDs Today: Another High-Rate Option
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    Why We Got Out Of ANET Stock Before It Got Worse
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    Is Apple Headed For A Blue-Sky Run? The iStock Trades In These Bullish Patterns Following Fed Call On Rates
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    NY Community Rises as Longtime Skeptic Turns Bullish on Bank Growth
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    Traders Are Risking It All on Bets That Market Boom Will Last
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    Stocks rally to end strong week as inflation keeps cooling: Stock market news today
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    Ford Shares Fall on EV Warning, F-150 Recall
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    Intel Will Suffer From ‘AI Cannibalization’ as Chip Spending Shifts to Nvidia
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    S&P 500 Gains and Losses Today: Stocks Jump as Inflation Cools
    U.S. equities rallied on Friday, July 28, 2023 after a report showing inflation cooled in June, and the S&P 500 rose 1%.  ( 1 min )
    Dow Jones Today: Index Rebounds on Slowing Inflation
    The Dow Jones recovered from yesterday’s selloff to gain 0.5% as investors hoped that slowing inflation would end Fed rate hikes.  ( 1 min )
  • Open

    Ford Shares Fall on EV Warning, F-150 Recall
    Ford Motor Company shares tumbled as the carmaker warned that EV adoption is proving slower than anticipated, and hundreds of thousands of its popular F-150 trucks were recalled.  ( 1 min )
    Biogen Buys Reata Pharmaceuticals, Expanding Its Lineup of Rare Disease Drugs
    Biogen said it was buying Reata Pharmaceuticals for $7.3 billion, expanding its rare disease treatment portfolio.  ( 1 min )
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    How Split-Dollar Life Insurance Works
    Understand how split-dollar life insurance plans between an employer and employee are designed and about their tax regulations.  ( 22 min )
    Subprime: Meaning, Global Financial Crisis, Example
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    Dow Jones Today: Index Rebounds on Slowing Inflation
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    The Bloomberg Terminal: Step By Step
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    Top CDs Today: Another High-Rate Option
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    S&P 500 Gains and Losses Today: Stocks Jump as Inflation Cools
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    Biogen Buys Reata Pharmaceuticals, Expanding Its Lineup of Rare Disease Drugs
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    Ford Shares Fall on EV Warning, F-150 Recall
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2023-08-27T07:09:50.248Z osmosfeed 1.15.1